409 Edgepine Drive
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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%.
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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 |
|---|---|---|---|
| Sep 23, 2024 | Sold | ||
| Sold | |||
| Aug 24, 2024 | In contract | - | |
| In contract | |||
| Aug 1, 2024 | Listed by Compass -- Raleigh | $645,000 | |
| Listed by Compass -- Raleigh | |||
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Amazing opportunity in Sunset Oaks! Move in ready! Meticulously maintained! Guests are welcomed onto the charming front porch. Tons of upgrades including renovated kitchen ('22), owner suite bath ('20) and new roof (July 2024)! Home offers light and airy open floorplan, gorgeous floors, formal dining, breakfast nook, elegant kitchen with white cabinets, single bowl farm sink, quartz, stainless steel appliances, gas range, custom light fixtures, large family room with gas log fireplace, owner suite down, vaulted ceiling, spa like bath, dual vanities, amazing zero threshold walk in tiled shower, huge walk in closet, unbelievable outdoor space for entertaining screened porch complete with bar and TV, great grilling space on the stone patio ('21), upstairs boasts 2 spacious bedrooms + bonus or fourth bedroom and additional bath. Great storage, 2 car garage, amazing location, close to everything, low HOA fees.
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| Jan 2, 2019 | Sold | ||
| Sold | |||
| Nov 28, 2018 | Listed by Keller Williams Preferred Realty | $360,000 | |
| Listed by Keller Williams Preferred Realty | |||
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About Sunset Oaks
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017