24 EDGEHILL ROAD
About This Property
While the home is in need of renovation, it presents the perfect opportunity to create instant equity. Situated in a convenient location close to shopping, dining, and major roadways, you'll enjoy easy access to everything you need. The property is also part of a top-rated school district, including Eastern Regional High School. Whether you're a first-time buyer ready to make it your own or an investor seeking your next project, this home offers endless possibilities.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 15, 2025 | Sold | ||
| Sold | |||
| Sep 19, 2025 | In contract | - | |
| In contract | |||
| Sep 12, 2025 | Listed by Long & Foster Real Estate, Inc. | $239,900 | |
| Listed by Long & Foster Real Estate, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017