1 Emerald Way #1
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%.
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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.
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 11, 2024 | Sold | ||
| Sold | |||
| May 28, 2024 | Listed by RE/MAX Bentley's | $699,000 | |
| Listed by RE/MAX Bentley's | |||
| | |||
|
Welcome to the Village at Salisbury Square and the most privately situated detached unit that looks, feels, and lives much like a single-family home. The sun-filled open floor plan offers key features, including a first-level primary bedroom suite, laundry room, and attached garage. Loaded with upgrades including HW floors, crown molding, gas fireplace, 9' ceilings, and spacious modern kitchen with upgraded cabinets, granite counters, SS appliances, and under-cabinet lighting. The second level has two additional bedrooms, a full bath, and a large storage area. The home's unique placement within this quiet community maximizes privacy while living maintenance-free with lush professional landscaping. There is plenty of outdoor space to enjoy on your front and back porch and patio area. All this and more tucked away in a pretty neighborhood setting with quick access to Newburyport, the gorgeous beaches of the New England Seacoast, and everything else this sought-after area has to offer.
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| Aug 14, 2015 | Sold | ||
| Sold | |||
| Mar 3, 2015 | Listed by Stone Ridge Properties, Inc. | $409,900 | |
| Listed by Stone Ridge Properties, Inc. | |||
| | |||
|
Great Price Adjustment! The most privately situated Magnolia floor plan still available, offering a single family feel while living maintenance free with a lush professional landscape. Loaded with upgrades, the 1st level offers a master suite and a bright sun filled open concept living area with hardwood flooring, crown moldings, fireplace & cooks kitchen with gorgeous cabinetry, granite, & stainless appliances, 2nd level offers 2 additional bedrooms, bath & storage room. For those on the go....we are perfectly located within minutes to the city amenities of Newburyport and easy access to Boston & Portsmouth along with the gorgeous beaches of the New England Seashore. This home is uniquely situated within the community to maximize privacy, add to all this a front & back porch along with garage parking & storage above. Emerald Way is a new road enter 12 Beach Rd into GPS. Less then 3 miles to Newburyport center! Call for private showing
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| Mar 18, 2014 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/28/2024
|
3 Bed
|
3 Bath
|
1620 ft²
|
$699,000
3 Bed
3 Bath
1620 ft²
|
$735,000
+5.15%
07/11/2024
|
Jill Mandragouras
Bentley's
| |
|
03/03/2015
|
3 Bed
|
3 Bath
|
1620 ft²
|
$409,900
3 Bed
3 Bath
1620 ft²
|
$407,000
-0.71%
08/14/2015
|
Sean Perkins
Stone Ridge Properties, Inc.
| |
|
08/25/2013
|
3 Bed
|
3 Bath
|
1620 ft²
|
$359,900
3 Bed
3 Bath
1620 ft²
|
$381,302
+5.95%
03/18/2014
|
Susan Bolgar
CBRB - New Homes
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017