2
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7735 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 |
|---|---|---|---|
| Oct 23, 2025 | Sold | ||
| Sold | |||
| Sep 13, 2025 | In contract | - | |
| In contract | |||
| Jul 5, 2025 | Listed | $635,000 | |
| Listed | |||
| | |||
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Welcome to a Palm Beach hidden gem Lake Clarke Shores! This move-in ready property is packed with upgrades, including a brand new A/C system with a UV air purifier, fully renovated bathrooms and a stunning kitchen featuring quartz island and countertops, a built-in wine cooler, and top-of-the-line stainless steel GE wall oven/microwave combo. Step outside to your own tropical oasis with a recently installed tiki hut perfect for relaxing or entertaining. This small town charm neighborhood offers added peace of mind with its own dedicated police force. Experience vibrant living with year round events like festive boat parades and kids’ summer fishing camps. Just minutes from pristine beaches and top golf courses, this is more than a home it’s a lifestyle. Schedule your private showing today!
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| Nov 25, 2020 | Sold | ||
| Sold | |||
| Oct 20, 2020 | Sold | ||
| Sold | |||
Property Highlights
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About Lake Clarke Shores
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$7,500 /mo
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$6,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017