42147 JOURNEY DRIVE
About This Property
The Home is a Pulte Contour floorplan, with two bedrooms and a den, and featuring upgraded kitchen appliances and finishes, with a screened lanai and hot tub! The back yard has a full 6' privacy fence, which is great for kids, pets, and private entertaining with friends. Located on a cul de sac, without the worries of traffic or noise, and the neighborhood has full sidewalks throughout, for casual evening strolls.
Edgewater is located just a short distance by bike, golf cart, or on foot, to scenic downtown Founder's Square, where you will enjoy all that life at Babcock Ranch has to offer, such as concerts, events, art shows, and dining on the water. If hiking or biking is your thing, you'll enjoy the nature trails and lakes that make Babcock Ranch famous. Come out today, and see this adorable home before it's gone!
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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 |
|---|---|---|---|
| Mar 31, 2025 | Sold | ||
| Sold | |||
| Mar 2, 2025 | In contract | - | |
| In contract | |||
| Nov 16, 2024 | Price Decreased |
$339,900
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Jul 18, 2024 | Price Decreased |
$350,000
↓ $60K
(14.6%) | |
| Price Decreased | |||
| Jun 5, 2024 | Listed by EXP REALTY LLC | $409,990 | |
| Listed by EXP REALTY LLC | |||
Property Highlights
Building Info
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About Charlotte
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017