520 Edgewater Ave
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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 |
|---|---|---|---|
| Dec 1, 2023 | Sold | ||
| Sold | |||
| Aug 15, 2023 | Listed by RE/MAX Connections | $899,900 | |
| Listed by RE/MAX Connections | |||
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Welcome to this one story property on a quarter of an acre in the sought after community of Guajome Meadows. Country kitchen has butcher block countertops, lots of cabinet space. Master bath upgraded to large walk in shower, dual heads, tiled with glass accent tiles, new lighting. Hallway bathroom has walk in shower, quartz countertops. Separate utility room with sink, tankless water heater, new sprinkler system 2023, A/C and furnace installed 2021 and new roof Feb 2023. Solar is leased. 3 car garage with epoxy flooring and workbench. Backyard has plenty of room for a pool, concrete patio with cover, all new fencing. Low HOA $95 mo. This property is nestled between the 5 & 15 freeways, close to shopping, golf courses, gyms, colleges. Mission Vista High School close by. Walk to Guajome Park (across the street) and enjoy the walking trails, camping, lake with birds.
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| Dec 16, 2015 | Sold | ||
| Sold | |||
| Nov 8, 2015 | Listed by Berkshire Hathaway HomeService | $489,500 | |
| Listed by Berkshire Hathaway HomeService | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017