12 Emerald St
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 |
|---|---|---|---|
| Aug 9, 2024 | Sold | ||
| Sold | |||
| Jul 4, 2024 | In contract | - | |
| In contract | |||
| Jul 2, 2024 | Listed by Robin J. Hubbard | $869,000 | |
| Listed by Robin J. Hubbard | |||
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Quarry master's house built circa 1865, part of former Lanesville Granite Co. quarry compound. Backyard was used to cobble granite pieces cut from nearby quarry. House has been lovingly restored, all foundation pieces have been repointed inside and out. The chimney was rebuilt, two flues, new bathrooms, rooms are painted parchment with white trim. Original detail throughout, wood floors, chair and window frame molding. Sunlight spills into house in morning and turns and spills in again in afternoon. Catalpa tree to the north, maples, oaks, pines, privet hedge, rock walls along border, providing much privacy; granite steps lead to front door. Lovely garden bed, small in-ground wading pool. Full-house water filtration system, on-demand hot water with a 30 gallon super store, Viessmann boiler. Plenty of sunlight. Wood stove in basement; Nearby Lanes Cove, Plum Cove Beach, Lanesville Community Center, Rockport, 100s of acres of conservation land and miles of ocean coastline. Dead end road.
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| Aug 20, 2009 | Sold | ||
| Sold | |||
| Dec 17, 2008 | Listed by Robin J. Hubbard | $365,000 | |
| Listed by Robin J. Hubbard | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017