12
Map
4906 Edgewater Drive
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 19, 2026 | Price Decreased |
$110,000
↓ $10K
(8.3%) | |
| Price Decreased | |||
| Aug 28, 2026 | Listed by Keller Williams Realty Metropolitan | $120,000 | |
| Listed by Keller Williams Realty Metropolitan | |||
| Jul 31, 2026 | Sold | ||
| Sold | |||
| Jul 18, 2026 | In contract | - | |
| In contract | |||
| Jul 14, 2026 | Listed by Fathom Realty | $59,000 | |
| Listed by Fathom Realty | |||
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This 2-bed, 1-bath home is sold strictly for its land value. The existing structure is dated and can be cleared away, making way for your dream build on a generous 14,600 sq ft lot. Whether you're looking to design a custom home or develop a new project, this property offers a blank slate in a desirable area. Bring your vision and your contractor—this one's all about location and potential.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017