5 Edith LANE
About This Property
Upon entering, you'll be greeted by an inviting open floor plan that effortlessly merges modern living with functionality. The airy design accentuates the spaciousness of this 3-bedroom, 2-bathroom residence, providing ample room for both relaxation and entertainment.
The thoughtful layout features a desirable split floor plan, ensuring privacy for the master suite while allowing the other bedrooms their own space. The home boasts 42-inch cabinets in the well-appointed kitchen, providing abundant storage and adding a touch of sophistication to the heart of the home. Whether you're a seasoned chef or simply enjoy cooking, this kitchen is equipped to meet your every need. The stylish design and top-of-the-line appliances make it a focal point for both culinary adventures and casual family meals.
One of the highlights of this residence is the oversized covered lanai, offering a tranquil outdoor space where you can unwind and entertain. The backyard, surrounded by lush greenery, provides a private oasis for relaxation and outdoor activities. Whether you're hosting a barbecue with friends or enjoying a quiet morning coffee, the lanai is the perfect spot to savor the Florida lifestyle.
The location of 5 Edith Ln adds an extra layer of appeal. Just a short drive away from Flagler Beach, you can easily indulge in sun-soaked days on the shore or explore the vibrant local scene. For golf enthusiasts, Cypress Knoll Golf is within minutes, offering a picturesque setting for a round of golf.
5 Edith Lane is more than just a residence; it's an invitation to embrace a lifestyle that combines coastal living with modern comfort and recreational opportunities, making it a prime choice for those seeking the perfect blend of relaxation and activity. Don't miss the chance to make this stunning property your own and experience the best that this sought-after location has to offer.
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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 |
|---|---|---|---|
| Apr 3, 2024 | Sold | ||
| Sold | |||
| Mar 2, 2024 | In contract | - | |
| In contract | |||
| Feb 8, 2024 | Price Decreased |
$465,000
↓ $25K
(5.1%) | |
| Price Decreased | |||
| Dec 8, 2023 | Listed by TAKE ACTION PROPERTIES, LLC | $489,900 | |
| Listed by TAKE ACTION PROPERTIES, LLC | |||
| Apr 30, 2018 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017