50 Edgemont Court
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 |
|---|---|---|---|
| May 16, 2024 | Sold | ||
| Sold | |||
| Apr 22, 2024 | In contract | - | |
| In contract | |||
| Mar 8, 2024 | Listed by RE/MAX Cinco Ranch | $630,000 | |
| Listed by RE/MAX Cinco Ranch | |||
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This stunning lakefront home is located in the gated community of THE LAKES in Cross Creek Ranch. Built by Trendmaker, it sits on a peaceful cul-de-sac and features a wrought iron gated porch. Inside, high ceilings and abundant natural light showcase thoughtful architectural design and luxurious features. Enjoy breathtaking views of the tranquil lake and fountain from multiple vantage points. The interior boasts rich eng wood floors, crown molding, and an open floorplan. The primary suite includes a vaulted ceiling, spa-like bath, and oversized shower. A screened-in porch seamlessly blends indoor and outdoor living. Other features include custom window treatments, a tankless water heater, and a recent water softener. The professionally landscaped yard and lawn add to the home's appeal. This home offers single-story living with a great floor plan and is perfect for entertaining. Don't miss out on this unparalleled living experience in an award-winning community.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017