7174 Edgewater Drive
About This Property
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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 |
|---|---|---|---|
| Dec 15, 2023 | Sold | ||
| Sold | |||
| Aug 8, 2023 | Listed by RE/MAX Signature | $484,900 | |
| Listed by RE/MAX Signature | |||
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Luxurious upgrades adorn this home, featuring new light hardwood floors, new modern doors and white marble countertops throughout the home. Rare find with two large lots (over 1/2 acre), an oversized 4-car garage and workshop, and an approx 900 SF guest quarters above the garage. The main home offers 3 beds, 2 baths, game room, formal dining, breakfast area, large family room with fireplace and vaulted ceilings. The kitchen has a modern feel with marble countertops, stainless appliances, navy accented backsplash. The primary suite renovation dazzles with marble countertops, a soaking tub, separate walk-in shower, and his/her closets. A spacious game room and office in the garage with guest quarters access. BONUS: Potential for a pool on this property. Waterfront community with marina, pool, courts, fishing pier, club house, boat launch. Seize the chance to own this lovely home in a waterfront community.
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| Apr 5, 2022 | Sold | ||
| Sold | |||
| Feb 26, 2022 | Listed by Walzel Properties | $345,000 | |
| Listed by Walzel Properties | |||
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Rare find! Two large fenced lots (over 1/2 acre) with oversized 4 car garage w/workshop area and parking area for your recreational toys or additional vehicles. This home offers a 908 square foot guest quarters w/living room, bedroom & full bath. The main home offers 3 bedrooms, 2 full baths, game room, formal dining, breakfast area & large family room with fireplace. The kitchen has stainless appliances and tile flooring. The downstairs primary bedroom offers laminate flooring and ensuite bath with a dual vanity, jetted tub, separate walk-in shower and his/her closets. There is a great storage area between the large downstairs game room and garage. There is an office inside the garage with entry into the guest quarters. This property has so much potential and even has room for a pool. The waterfront community offers marina, pool, basketball and tennis courts, fishing pier, club house and boat launch.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017