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21 Jade Cove
About This Property
Emerald Shores is conveniently situated between Scenic Highway 98 and Highway 98 and offers outstanding amenities, including deeded beach access with pavilion, beach services, restrooms, and showers, as well as two community pools (seasonally heated), tennis courts, pickle ball and a basketball court. Ideally located near restaurants, shopping, and entertainment.
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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 |
|---|---|---|---|
| Jan 9, 2026 | Listed by RE/MAX by the Sea | $895,000 | |
| Listed by RE/MAX by the Sea | |||
| Jun 13, 2024 | No longer available | - | |
| No longer available | |||
| Mar 24, 2024 | Listed by Coastal Sands Properties, LLC | $949,000 | |
| Listed by Coastal Sands Properties, LLC | |||
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LOCATION, LOCATION, LOCATION Jade Cove is one of the closer streets in Emerald Shores accessing their private beach. This three bedroom, three bath house is sold fully furnished. The first floor is focused on entertaining, relaxing and cooking with a big living & dining area and a good-sized kitchen. On the same level is also a full bathroom which is very handy when coming back from the beach. All bedrooms and 2 baths are on the second floor as well as a spacious bonus area that can easily be made into a bunk area to capture a larger number of rentals & to yield a more profitable return. All upstairs bedrooms feature private balconies while the downstairs living room has access to a nice patio. LVP flooring and roof installed 2023! The manager has listed the unit size as 1932 square feet.
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| Sep 13, 2022 | No longer available | - | |
| No longer available | |||
| Aug 9, 2022 | Listed by Keller Williams Realty Navarre | $995,000 | |
| Listed by Keller Williams Realty Navarre | |||
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The manager has listed the unit size as 1932 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017