3614 Edgewood 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 |
|---|---|---|---|
| Apr 1, 2021 | Sold | ||
| Sold | |||
| Mar 2, 2021 | Listed by RE/MAX Town & Country | $174,990 | |
| Listed by RE/MAX Town & Country | |||
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***MULTIPLE OFFERS RECEIVED*** HIGHEST AND BEST BY SATURDAY AT 6:00 P.M. INVESTMENT OPPORTUNITY being sold AS-IS and priced to sell!!! Ready for your creative touches for resale or cash flow of estimated $1400-$1600 per month. Large lot with full sprinkler system. Refrigerator, washer and dryer convey with property. Beautiful mature magnolia trees. Convenient to schools, grocery, etc.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017