9840 Edgelake Drive
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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%.
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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.
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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, 2021 | Sold | ||
| Sold | |||
| Jan 13, 2021 | Listed by Coldwell Banker West | $870,000 | |
| Listed by Coldwell Banker West | |||
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Gorgeous Mt. Helix views! This beautiful home has been updated with all the modern amenities including a newer kitchen, baths, glass and tile fireplace, HVAC, and landscaping. The living room boasts a huge window that offers picturesque morning views and evening lights of Mt. Helix; and stunning vaulted beam ceilings. The front porch offers the same, unobstructed view of Mt. Helix and is surrounded by bougainvillea and white roses. A perfect place to start and end your day! This 3 bedroom 2 bath home is updated, yet exudes warmth and charm. Located on a private cul de sac this home has one of the best locations on Mt. Helix. Kids can ride bikes up and down the quiet street. Easy access to both the 8 and 125 freeways, 5 minutes to Trader Joes and 2.5 miles to downtown La Mesa. The neighborhood features great streets to walk and run; within a 5 minute walk you can see views of the Pacific Ocean. Lush landscaping including fruit trees (lemon and orange), garden beds, dog run, and plenty of space for entertaining. There is a large side yard beautifully landscaped with white roses, grass area, mature trees, and drought tolerant plants and succulents; all on a drip-system. This home has several windows letting in a lot of natural light. The master suite is separate from the other two bedrooms with a large walk-in closet, built-in bookcases and views of the Mt. Helix cross. The back bedrooms have new carpet. This Mt. Helix gem is a must-see!
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| Sep 7, 2016 | Sold | ||
| Sold | |||
| Jun 19, 2016 | Listed by Berkshire Hathaway HomeService | $669,000 | |
| Listed by Berkshire Hathaway HomeService | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017