16
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1403 Emerald RD
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 12, 2026 | No longer available | - | |
| No longer available | |||
| Aug 12, 2025 | Listed by Venture Partners R.E. | $125,000 | |
| Listed by Venture Partners R.E. | |||
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Don't miss out on this exceptional opportunity to own a prime lot in Lago Vista. You're lakefront without the hefty price tag! This lot is directly across the street from Emerald Park with beach access and a boat ramp! This lot offers unparalleled lake access, making it a truly rare find. Boasting a beautiful, flat landscape adorned with numerous trees, this property is situated within the esteemed Lago Vista POA. Enjoy access to nine waterfront parks, including the only open boat ramp in sync with the current water level. Additionally, indulge in a plethora of amenities such as a golf course, tennis and basketball courts, frisbee golf, pool, and two separate fitness centers, ensuring endless entertainment for your family.
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| Mar 22, 2024 | Listed by Venture Partners R.E. | $125,000 | |
| Listed by Venture Partners R.E. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017