415 EDGEWATER ROAD
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%.
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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 |
|---|---|---|---|
| Mar 27, 2026 | Sold | ||
| Sold | |||
| Jul 16, 2025 | In contract | - | |
| In contract | |||
| Jun 13, 2025 | Price Decreased |
$1,799,000
↓ $150K
(7.7%) | |
| Price Decreased | |||
| May 28, 2025 | Price Decreased |
$1,949,000
↓ $50K
(2.5%) | |
| Price Decreased | |||
| Feb 24, 2025 | Listed | $1,999,000 | |
| Listed | |||
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Perched along the shores of Gray's Creek on just over 1 acre, this stately 5 bedroom, 3.5 bath waterfront estate in North Shore offers the ultimate waterfront lifestyle. With multiple boat slips, waterside pool, a private sandy beach, and breathtaking water views, this home is a dream for water lovers. A grand foyer welcomes you with a sweeping staircase, leading to elegant formal living and dining rooms with inlaid quartz floors and fireplaces. The open-concept kitchen is a chef’s delight, featuring a Viking gas cooktop, Subzero refrigerator, custom cabinetry, and granite countertops, seamlessly flowing into a spacious family room with a fireplace and built-ins. Upstairs, the primary suite is a private retreat with vaulted ceilings, fireplace, private balcony overlooking the water, dual walk-in closets, and a spa-like ensuite with 2 vanities, skylights, a jetted tub, and heated towel bars. Three additional bedrooms and an expansive full bath with dual sinks completes this level and provides options for living arrangements. The lower level is built for entertainment, offering a 5th bedroom, full bath, custom bar, game room, and walkout access to a covered patio and the pool. Outside, a waterfront deck, a fenced-in pool with a swim-up bar, and a private pier with 2 boat lifts and multiple slips will impress even the most seasoned boater and offers the perfect location for quick access by boat to the Chesapeake Bay and beyond. Revel in the best of both worlds, enjoying a day on the water or relax by the pool in your own backyard oasis. The large front and back yard, 2 car garage and long driveway with plenty of parking can easily accommodate all the water loving friends that are sure to join you. Commutes are a breeze with close proximity to Route 10, 100, 97 and the BWI airport. Welcome Home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017