1509 EMMA Lane
About This Property
The light-filled kitchen and breakfast area showcase quartz countertops, a complete Signature Kitchen Suite appliance package that includes a steam oven and a refrigerator capable of making craft ice cubes, custom Fabuwood cabinetry, and an oversized walk-in pantry. The expansive owner's suite features a generous bathroom with spacious vanities, his and her walk-in closets, a dedicated air conditioning zone, and a tankless hot water heater. This home also includes a first-floor bedroom and full bathroom, ideal for use as a guest room, in-law suite, or home office. Upstairs, you'll find three additional bedrooms and two beautifully designed bathrooms. Each bedroom is spacious and equipped with ventilated wood shelving. The generous, flat backyard is complete with a large private lanai that is pre-plumbed for a future outdoor kitchen. The beautifully landscaped yard provides a serene escape, enhanced by mature plantings.
Upgrades include wide plank hardwood flooring, a spacious mudroom with custom built-ins, an oversized laundry room with extensive cabinetry, pre-wiring for wireless access points, a video doorbell, security features, and speakers, twin tankless water heaters, full house gutters, Pella windows, a water softener loop, a garage hookup for an electric vehicle, a builder warranty, manufacturer warranties, and more.
Located in Neptune Beach, this home offers access to pristine beaches and a vibrant coastal lifestyle. Don't miss the opportunity to own this brand-new home!
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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 |
|---|---|---|---|
| Apr 11, 2025 | Sold | ||
| Sold | |||
| Mar 12, 2025 | In contract | - | |
| In contract | |||
| Feb 7, 2025 | Price Decreased |
$1,719,000
↓ $56K
(3.2%) | |
| Price Decreased | |||
| Jan 3, 2025 | Price Decreased |
$1,775,000
↓ $120K
(6.3%) | |
| Price Decreased | |||
| Nov 13, 2024 | Listed by TERRA REAL ESTATE, LLC | $1,895,000 | |
| Listed by TERRA REAL ESTATE, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017