8 Edgemere Road
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 |
|---|---|---|---|
| Apr 29, 2024 | Sold | ||
| Sold | |||
| Mar 14, 2024 | In contract | - | |
| In contract | |||
| Feb 27, 2024 | Listed by J. Barrett & Company | $1,625,000 | |
| Listed by J. Barrett & Company | |||
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Indulge in coastal living within this expansive 4-bedroom, 2.5-bathroom contemporary residence, mere steps away from the private beach and mooring access. Spanning 4398 sq. ft., the home features an inviting firelit Living Room with a soaring cathedral ceiling and a wall of glass doors leading to the deck. Elegant French doors open to a formal Dining room, connecting seamlessly to the adjacent eat-in Kitchen. The Family Room offers a second fireplace, a balcony with glimpses of the harbor, a wet bar, and built-in cabinets. The convenient first-floor Primary Suite, laundry room and powder room completes the main level. Upstairs, explore three additional Bedrooms and another Full Bath. The expansive basement, ideal for a workshop or potential extra living space, grants access to the oversized two-car garage for added convenience. Seize the opportunity to make this coastal masterpiece your home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017