50
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31219 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 |
|---|---|---|---|
| Sep 25, 2026 | Listed by Compass RE Texas, LLC - Houston | $1,300,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
| Mar 3, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Jan 9, 2026 | Listed by Compass RE Texas, LLC - Houston | $1,100,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
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Fabulously renovated and reimagined Lake Windcrest home is ready for new owners. This horse-ready property features 4-5 bedrooms, 4 full baths, a game room and flex space/office. Enjoy modern updates including: all new flooring, fully renovated bathrooms, limestone accents, LED lighting and much much more. The property is fully fenced for horses and other pets and contains a barn with multiple stalls. Enjoy the tall trees and wide open spaces of this three acre property, along with the many hiking trails and convenient lake access offered by this wonderful Lake Windcrest community.
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| Feb 26, 2025 | Sold | ||
| Sold | |||
| May 21, 2024 | Listed by RE/MAX Partners | $850,000 | |
| Listed by RE/MAX Partners | |||
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Fabulous horse ready property in Lake Windcrest. No rear neighbors, property backs up to 80 wooded acres. Home features 4/5 Bedrooms. 4 baths. Primary and an additional bedroom downstairs. Home sits on 3 acres crossed fence perfect for horses. Home has beautifully remodeled and boasts a stunning kitchen, wood-like tile floors & wood burning fireplace. Light and bright kitchen features granite countertops, white cabinetry w/built-ins, Enormous upstairs game room can be converted into 5th bedroom. 2 finished attic spaces for storage w/ built-in shelves. Plantation shutters. Large covered back porch. Amazing grounds with barn, equipment storage, feed storage, and lots of space to roam. Extra room w/ A/C & heated tack room in barn. 36x36 Barn also features 30 AMP RV hookups. Highly Sought after location in MAGNOLIA ISD
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017