7275 EDINBURGH WAY
About This Property
The Heather is a well-maintained, established golf-course community that benefits from low HOA fees and a variety of amenities, a clubhouse, and beautifully landscaped grounds. Conveniently situated near shopping, dining, and the renowned Weeki Wachee Springs, this property represents a remarkable opportunity in a highly desirable neighborhood. Come take a look before it's gone! THE SELLER IS OFFERING A 5,000 CREDIT TO ANY BUYER WITH ACCEPTED OFFER!
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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 |
|---|---|---|---|
| May 15, 2026 | Sold | ||
| Sold | |||
| May 8, 2026 | In contract | - | |
| In contract | |||
| Apr 28, 2026 | Price Decreased |
$259,000
↓ $10K
(3.7%) | |
| Price Decreased | |||
| Apr 25, 2026 | Relisted | $269,000 | |
| Relisted | |||
| Apr 20, 2026 | In contract | - | |
| In contract | |||
Property Highlights
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About North Weeki Wachee
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$2,300 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017