3 Edgewater Lane
About This Property
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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 |
|---|---|---|---|
| May 26, 2023 | Sold | ||
| Sold | |||
| Jan 15, 2021 | Listed by Owl's Nest Real Estate | $249,000 | |
| Listed by Owl's Nest Real Estate | |||
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The last lot left for sale on the Thornton side of Owl's Nest Resort is close to all of the amenities! If you are looking for the perfect opportunity to build a home within Owl's Nest Resort, and have one of the higher elevation lots in the Glades, Lot 3 in The Glades sits directly adjacent to a practice putting green. Within this cul-de-sac, you can enjoy larger homesites that provide quiet single-family home privacy all without losing touch with the community. This lot has ample space for a yard, as well as perfect seclusion for your own private backyard entertaining area. Septic Design and survey are already completed, providing a huge cost and time savings! Make yourself part of the renowned Owl's Nest Resort Community. This association covers many aspects of home ownership (lawn maintenance, snow removal, etc) at a very low cost. There are many builders to choose from in this area, some of which are currently building homes within Owl's Nest on this same street. OWL'S NEST RESORT SPECIFIC DETAILS: Owl's Nest is expanding drastically, providing many many more optional amenities! The Sports Nest Building is complete. Four Platform Tennis courts are complete, with two more in process. The manmade lake is filled around our new Lakehouse Venue. Tennis and Pickle Ball are nearing completion. Current plans include a world-class TennisCenter, a new activity center, pools, event greens, restaurants, a hotel, a conference center... The list goes on! Broker Interest.
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| Nov 27, 2019 | Sold | ||
| Sold | |||
| Jul 23, 2019 | Listed by Hammond Wheeler Realty | $49,900 | |
| Listed by Hammond Wheeler Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017