614 Edgemere Drive
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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 |
|---|---|---|---|
| Jun 9, 2023 | Sold | ||
| Sold | |||
| May 2, 2023 | Listed by Ebby Halliday, REALTORS | $285,000 | |
| Listed by Ebby Halliday, REALTORS | |||
| | |||
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Adorable 3 Bedroom, 2 Bathroom, Single story home. Move in ready! Updated kitchen with granite countertops and stainless appliances. Laminate wood flooring. Family room has lovely wood burning corner fireplace. Crown molding. Updated bathrooms. Primary has walk in closet. Backyard has large wood deck. Mature trees.
| |||
| Jul 6, 2020 | Sold | ||
| Sold | |||
| Jun 11, 2020 | Listed by Keller Williams Dallas Midtown | $206,000 | |
| Listed by Keller Williams Dallas Midtown | |||
| Apr 28, 2019 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017