301 Edgewood Drive
About This Property
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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%.
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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 12, 2026 | Sold | ||
| Sold | |||
| Mar 14, 2026 | In contract | - | |
| In contract | |||
| Nov 21, 2025 | Price Decreased |
$1,549,000
↓ $101K
(6.1%) | |
| Price Decreased | |||
| Aug 15, 2025 | Listed by Brown Harris Stevens of PB | $1,650,000 | |
| Listed by Brown Harris Stevens of PB | |||
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Welcome home! This turnkey and recently renovated 3 bedroom, 2 bathroom home with a heated swimming pool and spa is move-in-ready. Focused on space planning while renovating, the home now features a newly expanded kitchen and layout, new kitchen cabinets, appliances and laundry room. This charming home feels much larger than its 1,971 square footage and boasts full impact rated windows and doors as well as a 2019 roof, checking off all the insurance boxes. Walking in the front door, you will notice the cohesive tile floors throughout that lead you to the covered and screened in porch overlooking the large private backyard with mature Clusia hedges. Located in the Palm Beach Public elementary school district and close to area beaches, Flagler Drive bike path, City Place, fabulous dining and A+ grocery stores.
After a lengthy conversation with the City of West Palm Beach historic planner, it has come to our attention that 395 sq. ft. can be added to the footprint of this home so if you desire to add another bedroom or make a spectacular master suite, your dream can come true!
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| Aug 20, 2020 | Sold | ||
| Sold | |||
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About Southland Park
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$5,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017