85 Edgewater Park #C
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 26, 2024 | Sold | ||
| Sold | |||
| May 2, 2022 | Listed by Berkshire Hathaway HS NY Prop | $115,000 | |
| Listed by Berkshire Hathaway HS NY Prop | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/02/2022
|
3 Bed
|
1 Bath
|
-
|
$115,000
3 Bed
1 Bath
|
$115,000
02/26/2024
|
Diane Capone
Berkshire Hathaway HS NY Prop
| |
|
09/10/2020
|
2 Bed
|
1 Bath
|
800 ft²
|
$249,900
2 Bed
1 Bath
800 ft²
|
-
-
|
Rosemary Gaskin
ROCK HOME REALTY GROUP INC
| |
|
08/30/2018
|
2 Bed
|
1 Bath
|
-
|
$90,000
2 Bed
1 Bath
|
-
-
|
Nishma Zottola
Keller Williams Realty Group
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017