7718 Edgeway Drive
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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 |
|---|---|---|---|
| Jul 15, 2024 | Sold | ||
| Sold | |||
| Jun 19, 2024 | In contract | - | |
| In contract | |||
| Jun 12, 2024 | Listed by Compass RE Texas, LLC - Houston | $1,099,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
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Fantastic 4/5 bedroom ranch home in the coveted Brykerwoods neighborhood situated on an almost 13,000 sq ft lot. Zoned to Hunters Creek, Spring Branch middle and Memorial HS. Welcoming front porch. Hardwoods in all bedrooms & throughout much of the home. Built-in breakfast bar and cabinetry in the kitchen with under cabinet lighting. Light filled large sunroom looking to the expansive backyard. Primary bathroom features two sinks, two walk-in closets, a separate shower & bathtub. French doors in the primary bedroom opens to the backyard. Spacious backyard has plenty of greenspace with room for a pool. This is a gem of a home zoned to fantastic schools!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017