490 Edgewood 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%.
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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 |
|---|---|---|---|
| Aug 30, 2023 | Sold | ||
| Sold | |||
| Jun 8, 2023 | Listed by Morel Realty LLC | $599,000 | |
| Listed by Morel Realty LLC | |||
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Renters move out on May 1st. House will be vacant and available to show on May 2nd This gorgeous Mediterranean home is located in the golf community Bentwater. Full of beautiful upgrades. Plenty of architectural surprises throughout. Walnut kitchen cabinets with quartzite countertops. Recently upgraded dishwasher. The kitchen is open to the living room and breakfast room. Beautiful vaulted ceilings with cedar beams. Solid cedar fireplace mantle in the living room. All the bedrooms are down. The only rooms upstairs are a large game room (or could be used as an additional bedroom) and a full bathroom. The primary bedroom features a custom-built master closet, a large walk-in shower, and a jacuzzi tub. The backyard features a swimming pool and an outdoor kitchen. Foam insulation in the attic. Tankless hot water heater.
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| Mar 21, 2022 | Sold | ||
| Sold | |||
| Jan 5, 2022 | Listed by The McKellar Group | $499,900 | |
| Listed by The McKellar Group | |||
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|
This gorgeous mediterranean home is located in the golf community Bentwater. Full of beautiful upgrades. Plenty of architectural surprises throughout. Walnut kitchen cabinets with quartzite countertops. Recently upgraded dishwasher. The kitchen is open to the living room and breakfast room. Beautiful vaulted ceilings with cedar beams. Solid cedar fireplace mantle in the living room. All the bedrooms are down. The only rooms upstairs are a large game room (or could be used as an additional bedroom) and a full bathroom. The primary bedroom features a large custom-built master closet, a large walk-in shower, and a jacuzzi tub. The backyard features a swimming pool and an outdoor kitchen. Foam insulation in the attic. Tankless hot water heater.
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Property Highlights
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About Bentwater
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017