604 EDGEWOOD Avenue
About This Property
Additionally, the property includes a functional storage unit, ideal for organizing tools, equipment, or seasonal items. This practical feature complements the home's inviting atmosphere and adds convenience to everyday living.
Step outside to enjoy a generous backyard, perfect for relaxation and outdoor activities with stunning views of Lake Stella. The lake is a popular spot for recreational activities, and nearby Hallie's Landing offers watercraft rentals, year-round disc golf, and on-site dining.
This renovation-ready cottage is being sold AS-IS, offering a unique opportunity for those seeking a peaceful lakeside retreat with easy access to local amenities and schools. Don't miss your chance to make this charming home your own!
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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 22, 2024 | Sold | ||
| Sold | |||
| Sep 26, 2024 | In contract | - | |
| In contract | |||
| Sep 25, 2024 | Relisted | $124,900 | |
| Relisted | |||
| Sep 11, 2024 | No longer available | - | |
| No longer available | |||
| Aug 23, 2024 | Listed by REDFORD REAL ESTATE SERVICES INC | $124,900 | |
| Listed by REDFORD REAL ESTATE SERVICES INC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017