502 SE Edgewood Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Oct 5, 2026 | Sold | ||
| Sold | |||
| Sep 4, 2026 | In contract | - | |
| In contract | |||
| Aug 27, 2026 | Listed by Serhant | $549,000 | |
| Listed by Serhant | |||
| |||
|
Wonderfully situated north of East Ocean Blvd and central to the beach, shopping, dining and downtown Stuart, this 4 bed 2 bath Florida charmer awaits. Ideal and appealing to a wide array. Perfect home for the buyer just dipping their toe into home ownership or the seasoned pro looking for and ROI. No HOA hassles to deal with makes this a perfect opportunity for a diverse buyer group. Located on private dead end street with a pond and trees framing the fully fenced back yard you will find room for a small pool and generous imagination. The backyard has the elements to become a private oasis. Imagine a fire pit, a tiki, a putting green...tree house? The fact is, this is simply a nice clean opportunity in a prime location that presents a huge upside in value in years to come. Terrazzo floors? We got 'em! Solid concrete block construction and a metal roof with panels for opening protection. Elevation does not require flood insurance according to the maps.
| |||
| Sep 23, 2022 | Sold | ||
| Sold | |||
| Jul 18, 2022 | Listed by Welcome Home Realty Internatio | $529,000 | |
| Listed by Welcome Home Realty Internatio | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Stuart
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$7,000 /mo
- 2 Beds
- 2 Baths
- 1,125 ft²
$5,250 /mo
- 2 Beds
- 2 Baths
- 1,183 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017