620 Edgewater DRIVE #205
About This Property
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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 |
|---|---|---|---|
| Apr 12, 2024 | Sold | ||
| Sold | |||
| Mar 29, 2024 | In contract | - | |
| In contract | |||
| Mar 10, 2024 | Price Decreased |
$485,000
↓ $15K
(3%) | |
| Price Decreased | |||
| Jan 12, 2024 | Listed by COMPASS FLORIDA LLC | $499,900 | |
| Listed by COMPASS FLORIDA LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/16/2026
|
1 Bed
|
1 Bath
|
840 ft²
|
$279,900
1 Bed
1 Bath
840 ft²
|
$257,000
-8.18%
09/04/2026
|
Dale Hunter
GUARDIAN REAL ESTATE SERVICES
| |
|
01/12/2024
|
2 Bed
|
2 Bath
|
1360 ft²
|
$499,900
2 Bed
2 Bath
1360 ft²
|
$465,000
-6.98%
04/12/2024
|
Leah Herzwurm
KELLER WILLIAMS ST PETE REALTY
| |
|
09/02/2023
|
2 Bed
|
2 Bath
|
1360 ft²
|
$550,000
2 Bed
2 Bath
1360 ft²
|
$310,000
-43.64%
06/10/2024
|
Denis Romero, PA
COLDWELL BANKER RESIDENTIAL
| |
|
07/07/2023
|
1 Bed
|
1 Bath
|
840 ft²
|
$299,000
1 Bed
1 Bath
840 ft²
|
-
-
|
Denis Romero, PA
COLDWELL BANKER RESIDENTIAL
| |
|
06/22/2023
|
1 Bed
|
1 Bath
|
840 ft²
|
$325,000
1 Bed
1 Bath
840 ft²
|
$325,000
08/31/2023
|
Linda Caruso
Keller Williams Realty
| |
|
11/24/2022
|
2 Bed
|
2 Bath
|
1360 ft²
|
$475,000
2 Bed
2 Bath
1360 ft²
|
$410,000
-13.68%
03/25/2024
|
Denis Romero, PA
COLDWELL BANKER RESIDENTIAL
| |
|
11/03/2022
|
2 Bed
|
2 Bath
|
1360 ft²
|
$455,000
2 Bed
2 Bath
1360 ft²
|
-
-
|
Emily Harkins
FLORIDA EXECUTIVE REALTY
| |
|
11/01/2022
|
2 Bed
|
2 Bath
|
1360 ft²
|
$399,737
2 Bed
2 Bath
1360 ft²
|
$335,000
-16.19%
01/29/2024
|
Joe Yasso
RE/MAX Realtec Group Inc
| |
|
09/03/2022
|
1 Bed
|
1 Bath
|
840 ft²
|
$339,900
1 Bed
1 Bath
840 ft²
|
-
-
|
Mike Mestre
KELLER WILLIAMS REALTY
| |
|
08/21/2022
|
1 Bed
|
1 Bath
|
840 ft²
|
$285,000
1 Bed
1 Bath
840 ft²
|
-
-
|
Denis Romero, PA
COLDWELL BANKER RESIDENTIAL
| |
|
08/10/2022
|
1 Bed
|
1 Bath
|
840 ft²
|
$309,000
1 Bed
1 Bath
840 ft²
|
-
-
|
Carol Conologue
RE/MAX REALTEC GROUP INC
| |
|
02/17/2022
|
1 Bed
|
1 Bath
|
840 ft²
|
$325,000
1 Bed
1 Bath
840 ft²
|
$310,000
-4.62%
03/31/2022
|
Cynthia Kisida
COASTAL PROPERTIES GROUP
| |
|
08/03/2021
|
1 Bed
|
1 Bath
|
840 ft²
|
$210,000
1 Bed
1 Bath
840 ft²
|
$215,000
+2.38%
08/20/2021
|
Denis Romero, PA
COLDWELL BANKER RESIDENTIAL
| |
|
11/17/2020
|
2 Bed
|
2 Bath
|
1360 ft²
|
$599,500
2 Bed
2 Bath
1360 ft²
|
-
-
|
-
| |
|
02/15/2019
|
1 Bed
|
1 Bath
|
840 ft²
|
$220,000
1 Bed
1 Bath
840 ft²
|
-
-
|
-
| |
|
11/14/2018
|
1 Bed
|
1 Bath
|
840 ft²
|
$189,900
1 Bed
1 Bath
840 ft²
|
-
-
|
-
|
Building Info
- 3 Units for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017