632 Pedernales Street
About This Property
Gorgeous 3 bedroom, 2.5 bath home on an oversized lot with large backyard and covered outdoor kitchen. The property is truly a green home, equipped with Tesla solar panels, a 13.5 kWh Tesla Powerwall, sustainable vegetable garden, energy efficient appliances, and a nest thermostat. Backing up to a green space with no back neighbors makes this home your own private oasis. The interior features an open floor plan with gorgeous kitchen and butlers pantry. The master suite is located at the back of the home, with a whirlpool jetted tub and large walk in closet. A game room links the the two additional bedrooms and a bathroom, giving the kids their own space. The Edgewater neighborhood features a private lake and park with well maintained vegetation and water features. Never flooded.
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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 |
|---|---|---|---|
| Oct 31, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 30, 2025 | Listed by Owens & Associates Realty, LLC | $420,000 | |
| Listed by Owens & Associates Realty, LLC | |||
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Step into this beautifully updated home, nestled on an oversized lot at the end of a quiet cul-de-sac in the desirable Edgewater subdivision. Enjoy a spacious backyard with an outdoor kitchen and no back neighbors- perfect for entertaining and relaxing in privacy. Inside, the home features elegant porcelain tile throughout the main living areas and luxury vinyl plank flooring in the bedrooms, no carpet! The garage includes a Tesla wall charger, making at home EV charging both fast and hassle-free. Located in the highly acclaimed Clear Creek Independent School District (CCISD), Edgewater offers a welcoming community lake and park. Conveniently situated near the NASA Bypass, you'll enjoy quick access to I-45, making commuting a breeze and placing you just minutes from shopping, dining, and major attractions.
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| Jan 31, 2022 | Sold | ||
| Sold | |||
| Dec 31, 2021 | Listed by Lee DeForke Jr. | $359,000 | |
| Listed by Lee DeForke Jr. | |||
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The $1250 listing for rent is a SCAM. This home is only for sale.
Gorgeous 3 bedroom, 2.5 bath home on an oversized lot with large backyard and covered outdoor kitchen. The property is truly a green home, equipped with Tesla solar panels, a 13.5 kWh Tesla Powerwall, sustainable vegetable garden, energy efficient appliances, and a nest thermostat. Backing up to a green space with no back neighbors makes this home your own private oasis. The interior features an open floor plan with gorgeous kitchen and butlers pantry. The master suite is located at the back of the home, with a whirlpool jetted tub and large walk in closet. A game room links the the two additional bedrooms and a bathroom, giving the kids their own space. The Edgewater neighborhood features a private lake and park with well maintained vegetation and water features. Never flooded.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017