18 Ray Emma Drive
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 |
|---|---|---|---|
| Jun 1, 2022 | Sold | ||
| Sold | |||
| Mar 9, 2022 | Listed by Tate & Foss Sotheby's International Rlty | $899,900 | |
| Listed by Tate & Foss Sotheby's International Rlty | |||
| Dec 18, 2019 | Sold | ||
| Sold | |||
| May 29, 2019 | Listed by Tate & Foss Sotheby's International Rlty | $679,900 | |
| Listed by Tate & Foss Sotheby's International Rlty | |||
| Jul 30, 2017 | Listed | $699,900 | |
| Listed | |||
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Pride of ownership is evident the minute you approach this stunning home. 4 seasons full of lush landscaping on a private 2.19 acre lot on the end of the cul-de-sac. As you enter the farmers porch imagine enjoying your morning coffee as you listen to the birds chirp and feel the cool breeze of the ceiling fans. Enter the front door and you are greeted by the two story foyer with the gleaming maple staircase and open catwalk to the second story. You will be able to see straight through to the back of the home and see the wall of windows that overlook the private back yard. Formal dining room off the entry and flows back to the cooks kitchen. Custom cherry cabinets with granite counters, even a pot filler with stainless steel hood for all you chefs out there. Large bar seating for entertaining and great flow to the two story living room. Anderson windows throughout, radiant heat with a Buderus boiler, gas fire place, 9ft ceilings, plantation shutters and so many more amenities! The manager has listed the unit size as 3211 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017