40 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 |
|---|---|---|---|
| Jan 6, 2025 | Sold | ||
| Sold | |||
| Dec 7, 2024 | In contract | - | |
| In contract | |||
| Nov 14, 2024 | No longer available | - | |
| No longer available | |||
| Nov 14, 2024 | Listed by Compass | $1,690,000 | |
| Listed by Compass | |||
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Highly sought after location, privately set on 1+ acre, easy access to Rt 95/128 and Needham town center. Traditional Colonial with hardwood floors, great natural light and cul-de-sac loop. Gourmet eat-in kitchen, wolf range, opens to a large family room, cathedral ceiling, and a wall of custom built-ins. Den/heated sunroom overlooks the bucolic backyard, accessed off the back deck, perfect for grilling. Large front to back living room with fireplace, entertainment size dining room, gracious foyer and half bath. Second floor offers primary ensuite accompanied by 3 bedrooms (one currently an incredible walk-in closet), hall bath and storage. Lower level includes both a playroom and game room/rec room, additional unfinished storage space presents opportunity to complete your own space. Garage accommodates 2 standard cars and one additional vehicle. Come visit and enjoy this great home!
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| Nov 2, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017