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31 Emerald Way
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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 |
|---|---|---|---|
| Sep 9, 2011 | Sold | ||
| Sold | |||
| Mar 14, 2011 | Listed by Keller Williams Realty | $215,000 | |
| Listed by Keller Williams Realty | |||
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|
Lots of space in this 3 bedroom Raised Ranch. 2 full baths, fireplace in living room and fireplace in partially finished family room in the lower level with slider to lovely back yard. Pretty neighborhood. Great potential. Square footage does not include the lower level. Circular driveway for lots of parking.
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| Oct 11, 2010 | Listed by Jack Conway Cape Cod - Sandwich | $248,000 | |
| Listed by Jack Conway Cape Cod - Sandwich | |||
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|
Lots of space in this 3 bedroom Raised Ranch. 2 full baths, fireplace in living room and fireplace in partially finished family room in the lower level with slider to lovely back yard. Pretty neighborhood. Great potential. Square footage does not include the lower level.
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| Jun 16, 1987 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017