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14600 Emerald Estates Drive
About This Property
The outdoor wood burning fireplace creates the perfect outdoor entertainment in chilly weather, while you take a dip in the pool or prefer the heated spa. Maybe just sit around the firepit while taking in the neighboring deer, buffalo, emu and horses. The first floor includes an owners suite with ensuite bathroom, 2 separate vanity's , jetted tub and a double sided entry shower. 2 more bedrooms downstairs. One of the bedrooms also has a living room which may also be considered a non conforming bedroom. There is an additional living room/office downstairs off the kitchen. Upstairs is another bedroom suite with a full bathroom and a living room that is approx 38ft long with built-in bar/entertainment area. So many different bedroom options and flex rooms for you to chose what works best for your lifestyle. A detached 4 car garage accessible by a covered walkway also includes a half bath! And if you want horses....This property is zoned for it.. Emerald Estates is an equestrian community! Access to horse trails and the 26,000 Jennings Forest. And.. there is an assumable mortgage for qualified buyers at 2.99%!
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Cap Rate Calculator
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 19, 2023 | Sold | ||
| Sold | |||
| Mar 23, 2023 | Listed by United Real Estate Gallery | $1,050,000 | |
| Listed by United Real Estate Gallery | |||
| Dec 30, 2021 | Sold | ||
| Sold | |||
| Aug 16, 2021 | Listed by United Real Estate Gallery | $840,000 | |
| Listed by United Real Estate Gallery | |||
| Dec 27, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017