238 Emerson Way
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 9, 2020 | Sold | ||
| Sold | |||
| Oct 4, 2019 | Sold | ||
| Sold | |||
| Mar 22, 2019 | Listed by Jones Group REALTORS® | $125,000 | |
| Listed by Jones Group REALTORS® | |||
| Jun 27, 2018 | Sold | ||
| Sold | |||
| Sep 9, 2016 | Listed by Jones Group REALTORS® | $127,500 | |
| Listed by Jones Group REALTORS® | |||
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Corner lot! Northampton's newest destination neighborhood! This exciting community offers you the opportunity to build the home of your dreams in a beautiful natural setting less than three miles from downtown Northampton. The lots are generously-sized but manageable for your busy lifestyle, and aesthetic building covenants insure that the neighborhood upholds a vision of quality and integrity throughout. The homes, designed in contemporary Craftsman and Farmhouse styles, are sited on a circular private lane with sidewalks and street lamps. When completed, Emerson Way will be comprised of 55 residences set among 33 acres of common woodlands. Gas utilities with public water and sewer!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017