5427 Edgemere Drive
About This Property
While the property could benefit from some TLC and refreshing, it offers a perfect canvas with generous living areas and incredible potential to update and create your vision in a prime location. This home is getting ready for its close-up - professional photos, video, and 3D tour coming soon. Please check back for the full media launch.
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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 5, 2026 | Sold | ||
| Sold | |||
| Apr 8, 2026 | In contract | - | |
| In contract | |||
| Mar 13, 2026 | Listed by BEACH REAL ESTATE GROUP | $1,525,000 | |
| Listed by BEACH REAL ESTATE GROUP | |||
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About Torrance
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017