4 EDGEWATER Way
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 |
|---|---|---|---|
| Oct 11, 2024 | Sold | ||
| Sold | |||
| May 31, 2024 | In contract | - | |
| In contract | |||
| May 15, 2024 | Listed by Clancy Real Estate | $1,499,000 | |
| Listed by Clancy Real Estate | |||
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Occasionally a truly special lake front home with a rolling front lawn to a great sandy beach hits the market. This is that home with over 100' of sandy beach front on Schroon Lake. This contemporary home offers cathedral ceilings with incredible views down the lake from the two story windows and front deck. This 5br, 5.5bath, home has a solid rental history with over $75k in yearly rental income. New septic, deck, tankless hot water heaters, full house generator, EV charging station, outdoor shower and stone fireplace are just a few of the great features. Walkout basement with stone fireplace has potential for additional living area. Ready to move in an enjoy! Furnishings negotiable. 3D tour attached. Showings start Saturday 5/18.
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| Dec 8, 2021 | Sold | ||
| Sold | |||
| Jun 30, 2021 | Listed by Miranda Real Estate Group Inc | $1,200,000 | |
| Listed by Miranda Real Estate Group Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017