2 Emerald 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 |
|---|---|---|---|
| Oct 6, 2023 | Sold | ||
| Sold | |||
| Jul 27, 2023 | Listed by BHG Masiello Nashua | $190,000 | |
| Listed by BHG Masiello Nashua | |||
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Welcome home to Merrimack! Why rent when you can own for less? This three bedroom, two bath home features a large kitchen open to the dinning and living area. Two bedrooms and 1 bath are at one end of the home and the primary bedroom and bathroom are at opposite end of the home and features 2 large closets and large bathroom with plenty of storage! Quiet location with a deck off of the dinning area and a yard with a shed for your outdoor storage needs. Also has a covered car port. Close to shopping/outlets the YMCA and conveniently located.
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| Oct 24, 2019 | Sold | ||
| Sold | |||
| Aug 1, 2019 | Listed by RE/MAX Innovative Properties | $130,000 | |
| Listed by RE/MAX Innovative Properties | |||
| Sep 1, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017