88 Edward 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 |
|---|---|---|---|
| Jul 26, 2023 | Sold | ||
| Sold | |||
| May 18, 2023 | Listed by REAL BROKER, LLC | $379,900 | |
| Listed by REAL BROKER, LLC | |||
| | |||
|
This remarkable well-priced home is nestled in the beautiful Cypress Knolls community of Palm Coast, Florida. As you enter the front door, you'll be greeted by soaring ceilings and an abundance of natural light that floods the bright, open-concept space – perfect for entertaining and hosting guests. Built in 2010, this concrete block home has been recently updated with new luxury vinyl plank flooring throughout most of the home. The massive owner's suite easily accommodates a king-sized bedroom set and is complete with an office or reading nook and direct access to the fully screened under roof lanai. The ensuite bath boasts a garden tub, makeup vanity, oversized walk-in closet, and separate water closet. The split bedroom floorplan provides privacy and comfort for everyone in the household. Beautiful mature landscaping at this home includes a fully fenced backyard, complete with a storage shed. The home is located just a short distance from not one, but two golf courses! And if you're craving the beach, a quick 9-mile drive lands you on the picturesque cinnamon-colored sands of Flagler Beach. The Advent Palm Coast Hospital is less than 5 miles away, and shopping, dining, and the movie theater is less than 4 miles away. Don't wait – this home won't last long! Schedule your appointment today!
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| May 15, 2023 | No longer available | - | |
| No longer available | |||
| May 2, 2023 | Price Decreased |
$380,000
↓ $19K
(4.8%) | |
| Price Decreased | |||
| Apr 19, 2023 | Price Decreased |
$399,000
↓ $11K
(2.7%) | |
| Price Decreased | |||
Property Highlights
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About Cypress Knoll
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$2,000 /mo
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$1,900 /mo
- 5 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017