44 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 |
|---|---|---|---|
| Oct 23, 2025 | Sold | ||
| Sold | |||
| Aug 19, 2025 | In contract | - | |
| In contract | |||
| Jul 21, 2025 | Listed by Shine Realty Group | $385,000 | |
| Listed by Shine Realty Group | |||
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44 Edgewater - A recently renovated 3 bedroom 1 bath ranch in the Osprey Pointe section of Mastic Beach. The updated kitchen has new quartz countertops, new stainless steel appliances, propane for gas cooking, and a spacious eat in area. Brand new vinyl floors throughout, brand new bathroom, spacious bedrooms, brand new central air, & full basement with side door at the top of the stairs. Outside you'll find a new roof, fully fenced yard, & horseshoe driveway. Low taxes and recent updates make for a great investment in this waterfront community. This might just be the one!
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| Jun 28, 2025 | Listed by Shine Realty Group | $385,000 | |
| Listed by Shine Realty Group | |||
| |||
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44 Edgewater - A recently renovated 3 bedroom 1 bath ranch in the Osprey Park section of Mastic Beach. The updated kitchen has quartz countertops, stainless steel appliances, and a spacious eat in area. Brand new vinyl floors throughout, brand new designer bathroom, spacious bedrooms, central air, & full basement with side door at the top of the stairs. Outside you'll find a new roof, fully fenced yard, & horseshoe driveway. Low taxes and recent updates make for a great investment in this waterfront community. This might just be the one!
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| Mar 4, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017