1546 EMMA Lane
About This Property
If entertaining is paramount in your lifestyle what better place to welcome guests than the Irish pub-style media room complete with refrigerator, wine chiller, prep sink and granite countertops. Perhaps your guests might enjoy lounging on the lanai overlooking the heated spa/pool with sweeping views of the intracoastal sunsets so famous in the area. The back yard featuring those views is complete with a fire pit and launching access for entry of your canoe, kayak or paddle board into the beautiful Florida waters.
All of these impressive amenities are supported with updated necessities and safety measures like a new roof, 3 heating/AC units, propane powered water heating unit, a newly pavered circular drive, over-sized, side-entry garage with plenty of storage, secret in-home safe, plantation-style custom shutters for extra privacy, underground propane powered emergency generator, hurricane shutters, in-ground custom sprinkler system fed by private well, and custom designed LED interior and exterior lighting.
All of this resort living is close to the area beaches and shopping. Surely, this luxurious home was built with the discerning buyer in mind who values comfortable Florida living at its very best.
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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%.
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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 |
|---|---|---|---|
| May 10, 2021 | Sold | ||
| Sold | |||
| Apr 7, 2021 | Sold | ||
| Sold | |||
| Feb 16, 2021 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $1,099,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
| Jun 1, 2018 | Sold | ||
| Sold | |||
| Oct 26, 2017 | Listed by YELLOWFIN REALTY GROUP LLC | $875,000 | |
| Listed by YELLOWFIN REALTY GROUP LLC | |||
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This CUSTOM home on OVERSIZED MARSH LOT is grand, yet warm & inviting! Marsh views from almost every room, the floor plan is laid out beautifully & perfect for entertaining. Backyard paradise w/new pool that doubles as spa, summer kitchen, firepit, & IC access via canoe/kayak. Gourmet kitchen including island w/2nd prep sink, walk-in pantry, custom lighting throughout, master on 1st floor w/ walk-in closets, game room/family room w/full bar, wine fridge, bath & LED lighting featured in FL Times Union! Large office/BR w/ murphy bed & built-ins. 2 B/Rs up each w/full bath & walk-in closet. 3rd room up could be a 5th BR/playroom. Srnd. sound, landscape lighting & well irrigation, built-in gas generator, H2O softener, gas f/p, hurricane shutters, & even a built-in secret safe a must see! see!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017