7981 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 |
|---|---|---|---|
| May 7, 2026 | Sold | ||
| Sold | |||
| Apr 6, 2026 | In contract | - | |
| In contract | |||
| Mar 31, 2026 | Price Decreased |
$819,900
↓ $30K
(3.5%) | |
| Price Decreased | |||
| Dec 27, 2025 | Listed by Flat Fee MLS Realty | $849,990 | |
| Listed by Flat Fee MLS Realty | |||
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Situated on a prime corner homesite in the coveted Lake Clarke Shores community, this exceptional residence offers refined living with no HOA. Thoughtfully updated and truly move-in ready, the home features a brand-new roof, hurricane impact windows and doors, and sophisticated modern finishes throughout. Recessed and designer LED lighting accentuate the light-filled interiors, while elegant plantation shutters provide a timeless architectural touch. Outdoors, an inground pool built in 2022 and surrounded by lush, mature landscaping, creating a private oasis ideal for entertaining or quiet relaxation. A grand circular driveway enhances curb appeal and provides generous parking.
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| Feb 5, 2013 | Sold | ||
| Sold | |||
Property Highlights
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About Lake Clarke Shores
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$5,750 /mo
- 3 Beds
- 2 Baths
- 1,362 ft²
$4,550 /mo
- 3 Beds
- 2 Baths
- 1,700 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017