Lot 11 Emerson Way
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 |
|---|---|---|---|
| Jun 15, 2012 | Sold | ||
| Sold | |||
| Dec 16, 2011 | Listed by Jones Group REALTORS® | $488,000 | |
| Listed by Jones Group REALTORS® | |||
| Jul 20, 2011 | Sold | ||
| Sold | |||
| Apr 27, 2011 | Listed by Delap Real Estate LLC | $115,000 | |
| Listed by Delap Real Estate LLC | |||
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Emerson Way is Northampton's newest neighborhood. 55 lot subdivision on 58 acres with 33 acres of "open" land. On one of the only remaining large parcels of land in town, conveniently located only 2 miles to the center of town. All lots have city sewer & natural gas, & in the first phase, city water. The land is high & dry with good solar exposure, & is lightly wooded with deciduous trees. The lots are on a loop of road with a sidewalk. Kohl Construction will build or choose your own builder.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017