237 Emerald Lane
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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%.
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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 1, 2023 | Sold | ||
| Sold | |||
| Feb 6, 2023 | Listed by Evans and Associates | $474,500 | |
| Listed by Evans and Associates | |||
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Waterfront 3 bedroom 2 bath home on 1.7 acres. Big view of the lake looking southernly towards the big bridge.The home itself is in very nice condition with plenty of windows looking at the lake. Vaulted ceiling in the living room, open to the kitchen. Nice size bedrooms. New roof ,covered patio on front and back. A lot of yard in front and back. Long fishing pier. Sprinkler system. Detached garage with drive through capability through 3rd door on back of the garage. Also small work shop area in the garage. RV shed, barn space for your tractor and other toy's. Lots of waterfrontage and no close neighbors. Not far from Onalaska and shopping.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017