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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.
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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 |
|---|---|---|---|
| Jun 30, 2023 | No longer available | - | |
| No longer available | |||
| May 28, 2023 | Listed by Investment Realty Group, Inc. | $648,900 | |
| Listed by Investment Realty Group, Inc. | |||
| | |||
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Beautiful 3/2.5 on quiet tree lined street in the Greens of Emerald Hills, a gated community. Split floor plan, with vaulted ceilings, & huge skylight provide for a wonderful open feeling & bright house. Renovated open kitchen with island, granite counter tops, custom cabinetry, & SS appliances are perfect for entertaining. Lush & tropical backyard has beautiful brick pavers, & pool that are wonderful for family get togethers, & BBQ’s. Hurricane shutters, & brand-new hurricane front door. 5 -minute walk to Publix, Panera Bread, Starbucks, & restaurants. Walking distance to synagogues. 10 min. drive to Hollywood Bch. Maint. fee includes HOMEOWNER’s INS., lawn service for the front of the house, Cable TV, etc. ***See broker Remarks*** The manager has listed the unit size as 1695 square feet.
| |||
| Oct 26, 2018 | Sold | ||
| Sold | |||
| Aug 20, 2018 | Listed by Ace Realty & Investment | $419,900 | |
| Listed by Ace Realty & Investment | |||
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About Emerald Hills
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017