10740 Emerald Drive
About This Property
Multiple living areas provide ample space for relaxation and entertaining, demanding an in-person visit to truly appreciate its sheer scale. The kitchen seamlessly flows into a huge dining area, bathed in natural light from wall-to-wall windows. An amazing sunroom, complete with decks on both sides, offers a perfect retreat for sunny days and even rainy weather.
The massive master suite is a true sanctuary, featuring huge windows that frame breathtaking lake views and an expansive master closet. Every bedroom offers a pure view of Lake Somerset, creating a perfect and serene design throughout.
The full finished basement with a walkout is an incredible feature, boasting tall ceilings and even a wet bar/second kitchen area, ready for your enjoyment.
Outside, a sweeping backyard awaits, featuring amazing flower beds and professional landscaping, complete with multiple serene waterfall features. This vast yard eliminates the need for steps down to the lake, making it perfect for four-legged friends and large gatherings.
As an added bonus, this property includes an additional lot across the road thats negotiable , ideal for convenient boat and RV storage.
This extraordinary home would never be on the market if it weren't for the need to downsize, presenting a perfect opportunity for the next family to create lasting memories. Don't miss your chance to own a piece of Lake Somerset paradise!
for more information about this lake and others please visit Pure Michigan Realty Groups Lake guide website
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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 |
|---|---|---|---|
| Jun 5, 2026 | Sold | ||
| Sold | |||
| Apr 11, 2026 | In contract | - | |
| In contract | |||
| Mar 16, 2026 | Listed by Century 21 Affiliated - Jackson | $644,900 | |
| Listed by Century 21 Affiliated - Jackson | |||
| Nov 19, 2025 | No longer available | - | |
| No longer available | |||
| Nov 7, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017