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346 Edgewood Drive
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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 |
|---|---|---|---|
| Jul 31, 2025 | Sold | ||
| Sold | |||
| Jul 17, 2025 | In contract | - | |
| In contract | |||
| Jul 13, 2025 | Listed by Better Homes and Gardens Real Estate Gary Greene - Lake Conroe North | $990,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - Lake Conroe North | |||
| Jun 4, 2025 | Listed | $1,099,900 | |
| Listed | |||
| | |||
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Designed by Mark Todd, this stunning custom home is located two lots in Bentwater. Surrounded by Lake Conroe, you will find attention to detail and exquisite finish work at every turn. Dramatic entry leads to an exquisite formal dining & sitting w/ wine room. Open floor plan with large family room and chef 's-style kitchen boasting of 2 islands, double ovens, butler pantry, veggie sink, & soft close drawers. Owner's retreat is extremely large; sitting area w/ fireplace, resort-style bath, & 2 oversized closet leads (one enforced w/ steel for hurricane shelter). 3 secondary BRs up, flex room, & media room (could be 5th bedroom). 2 stairways & elevator! Amazing covered screened patio w/ summer kitchen & almost 1,000 sf of entertaining space. Huge 3 Car Garage w/ golf cart bay. Engineered foundation w/ drilled builder piers, spray foam insulation, two tankless water heaters, real wood & travertine floors. There are too many features to list; please pull the feature sheet.
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| Apr 2, 2025 | Listed | $1,099,900 | |
| Listed | |||
| | |||
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Designed by Mark Todd, this stunning custom home is located two lots in Bentwater. Surrounded by Lake Conroe, you will find attention to detail and exquisite finish work at every turn. Dramatic entry leads to an exquisite formal dining & sitting w/ wine room. Open floor plan with large family room and chef 's-style kitchen boasting of 2 islands, double ovens, butler pantry, veggie sink, & soft close drawers. Owner's retreat is extremely large; sitting area w/ fireplace, resort-style bath, & 2 oversized closet leads (one enforced w/ steel for hurricane shelter). 3 secondary BRs up, flex room, & media room (could be 5th bedroom). 2 stairways & elevator! Amazing covered screened patio w/ summer kitchen & almost 1,000 sf of entertaining space. Huge 3 Car Garage w/ golf cart bay. Engineered foundation w/ drilled builder piers, spray foam insulation, two tankless water heaters, real wood & travertine floors. There are too many features to list; please pull the feature sheet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017