1310 Emma Place
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 |
|---|---|---|---|
| Jul 27, 2021 | Sold | ||
| Sold | |||
| May 1, 2021 | Listed by RE/MAX Homeland Realtors | $510,000 | |
| Listed by RE/MAX Homeland Realtors | |||
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A rare opportunity for an extended family or for a smart investor is this well maintained 2 family home on a dead-end street lined with pleasant homes. In just a few minutes you can be on the NJT, route one, or on mass transit. The first-floor apartment boasts 3 bedrooms, 1 bath, newer kitchen, living room, dining room, hardwood floors and open porch to enjoy. 2nd floor apartment is also a comfortable 3-bedroom 1 bath, with a newer kitchen, living room, and dining room. There is a full basement with individual washer hook ups for each unit and ample storage. If purchased by and investor just know that the present tenants would love to remain and if not, they are month to month terms. Don't miss this one it will not last long!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017