627 Edgemar Avenue
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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 |
|---|---|---|---|
| Feb 10, 2023 | No longer available | - | |
| No longer available | |||
| Jan 28, 2023 | Listed by Keller Williams Peninsula Estates | $1,098,000 | |
| Listed by Keller Williams Peninsula Estates | |||
| | |||
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GORGEOUS 4 bedroom, 3 bathroom Pacific Manor home right by the beach with mountain views in one of Pacificas most desirable neighborhoods. Upon entering, you will find a cozy living room with a fireplace that smoothly transitions into the formal dining room and gourmet kitchen featuring modern stone countertops and stainless steel appliances. The expansive lower level with separate entrance includes 2 additional bedrooms, an office area, bathroom, kitchenette, laundry area and bonus space with lots of potential. Not to mention the amazing income potential by renting out the lower level. The spacious backyard is a blank canvas for those who want to create an outdoor entertainment space, harvest a garden, or create the private oasis of your dreams. Great location minutes away from Pacificas beautiful beaches & coastal trails, perfect for those who enjoy the outdoors, along with a variety of restaurants and shops and quick access to HWY 1 for easy commuting. Dont miss out on this GEM! The manager has listed the unit size as 2195 square feet.
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| Sep 26, 2018 | Sold | ||
| Sold | |||
| Aug 23, 2018 | Listed by KW Advisors | $899,000 | |
| Listed by KW Advisors | |||
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About East Edgemar-Pacific Manor
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017