16654 Emerson Lane
About This Property
This beautifully maintained home sits on a desirable corner lot and offers an inviting open floor plan filled with natural light. Enjoy the convenience of a downstairs bedroom and full bath, perfect for guests or multi-generational living. A spacious bonus room provides flexible space and can easily be converted into an additional bedroom.
The kitchen is a chef's dream, featuring stainless steel appliances, a breakfast counter, and plenty of counter space, seamlessly opening to the dining area and cozy great room - ideal for entertaining.
Upstairs, you'll find a dedicated laundry room and a luxurious primary suite with double walk-in closets and a spa-like soaking tub.
Energy-efficient upgrades include solar panels, tankless water heater, and energy-efficient windows. The cemented backyard is low-maintenance and surrounded by block walls for added privacy. A 2-car garage completes this move-in-ready home.
Don't miss this perfect blend of comfort, style, and sustainability!
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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 |
|---|---|---|---|
| Dec 29, 2025 | Sold | ||
| Sold | |||
| Nov 7, 2025 | In contract | - | |
| In contract | |||
| Oct 16, 2025 | Relisted | $750,000 | |
| Relisted | |||
| Sep 19, 2025 | In contract | - | |
| In contract | |||
| Sep 5, 2025 | Price Decreased |
$750,000
↓ $25K
(3.2%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017