384 Edgemere Way E
About This Property
4.5-bathroom residence spans 4,000 square feet of refined interior space, with a total of 5,200 square feet, including outdoor living areas.
Every room has been designed with meticulous attention to detail, featuring high-end finishes and sophisticated design elements. The state-ofthe-art kitchen is a culinary masterpiece with top-tier appliances and custom cabinetry. The luxurious master suite offers expansive views, a
spacious walk-in closet, and a spa-like bathroom, complemented by three additional well-appointed bedrooms and a guest bathroom. The
stunning outdoor area boasts a saltwater lap pool, lush landscaping, and multiple lounging areas, creating a private sanctuary unrivaled in the
neighborhood, while a 4-car garage offers extensive storage and convenience. The exclusive Wyndemere Golf & Country Club offers a 27-hole
championship course designed by Arthur Hills, tennis facility with 10 Har Tru courts, fitness center, world class spa, resort-style pool, pool side
dining, Grab and Go bar, restaurants, Bocce, Pickleball, and Croquet.
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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 14, 2026 | Sold | ||
| Sold | |||
| May 6, 2026 | In contract | - | |
| In contract | |||
| Apr 29, 2026 | Listed by John R Wood Properties | $4,399,999 | |
| Listed by John R Wood Properties | |||
| May 16, 2025 | No longer available | - | |
| No longer available | |||
| Mar 10, 2025 | Withdrawn | - | |
| Withdrawn | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017