778 N Edgewater Trail
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 |
|---|---|---|---|
| Aug 24, 2023 | Sold | ||
| Sold | |||
| Jan 20, 2023 | No longer available | - | |
| No longer available | |||
| Jan 19, 2023 | Listed by Hammock Realty North Georgia | $859,000 | |
| Listed by Hammock Realty North Georgia | |||
| Nov 6, 2022 | In contract | - | |
| In contract | |||
| Oct 12, 2022 | Listed by Currahee Club Realty, LLC | $929,000 | |
| Listed by Currahee Club Realty, LLC | |||
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This beautiful Craftsman style home is a tranquil retreat that boasts room for entertaining visitors with incredible indoor/outdoor living. A cathedral ceiling in the great room has high windows bringing in natural light and flows to the back deck that runs the length of the home. There are covered, uncovered, and screened in portions of the back deck that all have beautiful views of the converging creeks behind this home that lead to the lake. The home is connected to the Core of Engineers property and has lake access with just a short walk and wintertime views of the lake. The master bedroom on the main floor has trey ceilings, remote controlled blinds, two walk-in closets, double vanity, and separate shower and tub. The large kitchen has a bar, gas stovetop (high end appliances) and opens up to the breakfast nook and screened in porch. Finished bonus room above the garage with full bath and four bedrooms in the basement with a large family room and second fireplace. This home is the epitome of peaceful mountain/lake retreat. The manager has listed the unit size as 4467 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017