228 Edgewater Drive
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 3, 2010 | Sold | ||
| Sold | |||
| May 6, 2010 | Listed | $2,145,000 | |
| Listed | |||
| Aug 5, 2009 | Sold | ||
| Sold | |||
| Jun 10, 2009 | Listed by William Raveis R.E. & Home Services | $875,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Large 4 bedroom,2.5 bath Colonial beautifully sited on magnificent acre lot in one of Needham's most sought after, established neighborhoods. This home features gracious front to back living room with fireplace, elegant dining room with built in China cabinet and large kitchen with seperate eating area. Gorgeous, level acre lot in fabulous cul de sac location offering privacy yet readily accessible to town and transportation. A rare opportunity to repair or rebuild. Showing start Sun, June 14
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017