1831 Emerald Trace Lane
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 |
|---|---|---|---|
| Nov 21, 2022 | Sold | ||
| Sold | |||
| Oct 1, 2022 | Listed by Red Shoe Realty | $475,000 | |
| Listed by Red Shoe Realty | |||
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Welcome! Gorgeous & gently lived in home that is perfect for entertaining or simply living. Located in the desired and established community of Shadow Creek Ranch. This home features a stunning entry way & foyer w/a 14’ ceiling. At the front of the house is a formal dining room & cozy study adorned w/ beautiful French doors. Kitchen is complete w/a walk-in pantry, 2 large bars which allow for additional seating, granite countertops, tile backsplash, island, gas cook top and plenty of storage & counter space. Open to the breakfast nook and living area, a wall lined w/large windows allow for lots of natural light. Two secondary bedrooms, each w/walk-in closets. A half bath for guests. Primary suite features dual vanities, separate glass enclosed shower, garden tub & bonus space that can be utilized as a customizable walk-in closet, second office, man cave or lady's lair (See photos for seller's prior customization). The possibilities are endless! Schedule your private tour today!
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About Pearland
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Currently no similar homes aroundNearby Rentals
$1,750 /mo
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$2,800 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017