16505 E Emerson Circle
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 |
|---|---|---|---|
| Apr 9, 2024 | Sold | ||
| Sold | |||
| Mar 13, 2024 | In contract | - | |
| In contract | |||
| Mar 9, 2024 | Relisted | $165,000 | |
| Relisted | |||
| Feb 23, 2024 | In contract | - | |
| In contract | |||
| Feb 19, 2024 | Listed by Compass RE Texas, LLC - The Woodlands | $165,000 | |
| Listed by Compass RE Texas, LLC - The Woodlands | |||
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Welcome to 16505 E Emerson Circle! This large four bedroom and two bathroom home offers an abundance of central living space keeping the family together. With the lush front yard, large covered from patio, updated kitchen, high ceilings, and private fenced backyard, you truly have it all! All common areas have solid surface vinyl plank flooring, light and bright color scheme, and open concept layout. This split floor plan offers privacy for each bedroom and the primary suite is it's own wing of the home with space for a separate living area or office. The roof and HVAC have both recently been replaced!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017