109 Lake Emerald Drive #306
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 |
|---|---|---|---|
| Feb 22, 2022 | Sold | ||
| Sold | |||
| Jan 6, 2022 | Listed by Preview Properties, Inc | $150,000 | |
| Listed by Preview Properties, Inc | |||
| | |||
|
TENANT OCCUPIED..LARGE APT WITH 2 MASTER BATHS IN BEAUTIFUL PET FRIENDLY COMMUNITY ON THE SHORE OF 168 CRYSTAL CLEAR FRESH WATER LAKE. SWIM,SAIL,FISH, ETC.. WALKWAYS AROUND THE LAKE..GYM FACING LAKE, TENNIS,PICKLE BALL,3 HEATED POOLS SAUNAS,JACUZZI,BARBECUE HUTS,MANAGEMENT ON SIGHT,LARGE CLUB HOUSE WITH POOLSIDE CAFE ON WEEKENDS..GOOD CABLE PACKAGE,SOON TO INCLUDE INTERNET. SPECIAL SUNSETS...TOP FLOOR APARTMENT.CENTRALLY LOCATED COMMUNITY WITH EZ ACCESS TO MAIN RDS & HWYS.10/15 MINS FROM BEACHES,LAS OLAS & WILTON DR..WELL CARED FOR UNIT,TILE FLOORS THROUGHOUT,CORIAN COUNTERTOPS & REDONE WOOD CABINETS..ACCORDIAN SHUTTERS FOR ALL WINDOWS & PATIO..
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/06/2022
|
2 Bed
|
2 Bath
|
1100 ft²
|
$150,000
2 Bed
2 Bath
1100 ft²
|
$134,000
-10.67%
02/22/2022
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017