2485 Edward Road
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 |
|---|---|---|---|
| Feb 10, 2022 | Sold | ||
| Sold | |||
| Jan 26, 2022 | Listed by William Raveis Palm Beach LLC | $1,200,000 | |
| Listed by William Raveis Palm Beach LLC | |||
| |||
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WELCOME HOME to this newly updated single-story house located in the heart of Palm Beach Gardens. The four-bedroom abode sits on a quarter of an acre in the highly sought after ''Prosperity Farms Corridor.'' The fully renovated house features CBS construction, impact windows, and an indoor/outdoor flow that opens up to the yard. Boasting a luxurious master suite clad with his/her vanities, large walk-in closet, and private access to the outdoor patio and pool. The open kitchen layout features new stainless-steel appliances and solid wood cabinetry with granite countertops. This property is adorned with charm and elegance to create the perfect flow, which combined with an affordable price tag, allows for tremendous opportunity for the next owner.
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| Nov 4, 2021 | No longer available | - | |
| No longer available | |||
| Sep 24, 2021 | Relisted | $1,095,000 | |
| Relisted | |||
| Sep 16, 2021 | No longer available | - | |
| No longer available | |||
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About Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017