Welcome to 7 Edgewater, your dream home located in the prestigious
gated community of Arborlake within the community of Woodbridge.
This single-level UPPER unit residence combines urban convenience
with serene living, just a short distance from the lake. Enjoy the
ambiance of what feels like a private treehouse, with almost every
window offering stunning views of the skyline framed by pretty
greenery. Abundant natural light fills the spacious 3-bedroom home,
creating a bright and inviting atmosphere in each room. The
thoughtfully updated interior features a modern yet cozy design
with an open floorplan. The kitchen, remodeled in 2020, boasts
white cabinetry with specialty drawers, a farmhouse sink, quartz
countertops, and views of the surrounding greenbelt. The home
exudes charm and elegance with LVP wide plank flooring, wider
baseboards, crown mouldings, 3-panel arched interior doors with
handsome casings, an exterior patio, tastefully updated baths, an
upgraded electrical panel, and so much more. 7 Edgewater
invites you to unwind and enjoy the tranquil surroundings away from
the hustle and bustle of daily life. As a resident of the Arborlake
community, you'll have access to exclusive amenities, including a
private beach, firepit, pool, dock, and lounging areas.
Additionally, you'll enjoy privileges to all the resort-like
amenities of Woodbridge. Centrally located near highways, toll
roads, shopping, and award-winning schools, 7 Edgewater offers the
perfect blend of comfort and convenience.
Unit Size
1,659 Ft²
Days on Market
78 days
Land Size
-
Price per sqft
$753
Property Type
Condo
Property Taxes
-
HOA Dues
$709
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier)
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.
Interior Features: Crown Molding, Granite Counters, Open Floorplan, Quartz Counters, All Bedrooms Down, Bedroomon Main Level, Galley Kitchen, Main Level Primary, Primary Suite
Appliances: Convection Oven, Dishwasher, Electric Cooktop, Electric Range, Free Standing Range, Microwave, Refrigerator, Range Hood, Water To Refrigerator
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