248 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 |
|---|---|---|---|
| Mar 31, 2021 | Sold | ||
| Sold | |||
| Jan 27, 2021 | Listed by KW Coastal and Lakes & Mountains Realty | $63,000 | |
| Listed by KW Coastal and Lakes & Mountains Realty | |||
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Presenting one of the last affordable options left on the market. This cozy 2 bed, 1 bath home with a metal roof and spacious yard is ready for occupancy. Located in well established Emerald Acres Coop a great community to be a part of. Conveniently located close to rt. 4 for an easy commute north towards Concord or the Seacoast. Back on market due to buyers not gaining park approval.
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| Jun 3, 2014 | Sold | ||
| Sold | |||
| Jan 6, 2014 | Listed by KW Coastal and Lakes & Mountains Realty | $40,000 | |
| Listed by KW Coastal and Lakes & Mountains Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017