1148 EMERALD HILL WAY
About This Property
This spacious 4 bedroom 2 bath home is a gem sitting on the golf course overlooking the 14th green, boasting features that make it not only beautiful but Hurricane resistant and energy efficient. The 500+ sf paver rear patio is the perfect family gathering place, perfect for cookouts and parties. The updated kitchen boasts newer matching appliances, beautiful granite counters, a decorative subway backsplash, new wood cabinets, an island with country sink with a 5-stage reverse osmosis filter including instant hot water. Did I mention the built-in coffee bar and cabinet conveniently located between kitchen and dinette. Enjoy that outdoor view and feel safe with new hurricane rated windows throughout the home with a lifetime warranty against breakage. Stay cozy year-round with additional R-31 insulation in the attic as well as the insulated benefits of the windows. Luxury Mohawk laminated wood flooring runs throughout the living areas and makes for easy care plus durability and is accented with 5 1/4" baseboards. The large owner's suite overlooks the spacious back yard, plus it has a 5x10 walk in closet. New cabinets in the owner's bath and granite counters with double sinks add to the unique features of this home. The many architectural features allow for your individual decor & design. The split plan guest bedrooms provide privacy for all. Another convenience is the inside laundry room. Even the garage has special features like the acrylic sealed floor, the garage door opener with camera, and plenty of extra room for storage. The outside includes a Rainbird in ground sprinkler system, Ring doorbell camera, plus cameras in front and rear of home for your safety and security. The 5-year-old roof has a 30-year dimensional shingle, good for up to 155 mph winds. Leaf filters on all gutters are guaranteed for life. Lastly, the whole home water softener and filter is unseen but welcomed by all, as are the 4-year-old HVAC System and Water Heater. This prestigious gated golf course community is conveniently located for traveling in any direction. Come see this home for yourself, lovingly owned and cared for by current owners for almost 20 years. Call today to schedule your personal tour. Also, option for possible VA assumable 2.25% loan.
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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 |
|---|---|---|---|
| Nov 7, 2025 | Sold | ||
| Sold | |||
| Oct 14, 2025 | In contract | - | |
| In contract | |||
| Aug 1, 2025 | Price Decreased |
$424,900
↓ $10K
(2.3%) | |
| Price Decreased | |||
| May 20, 2025 | Price Decreased |
$434,900
↓ $13K
(2.9%) | |
| Price Decreased | |||
| Mar 29, 2025 | Price Decreased |
$447,900
↓ $12K
(2.6%) | |
| Price Decreased | |||
Property Highlights
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About Valrico
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017