315 EMMERT ROAD
About This Property
bathroom. This cute rancher is located on a peaceful back road but yet close to all the major admenities
on the east side of Hagerstown. The back yard is partially fenced in. The septic was installed in 2007 and
a septic inspection and pump out were done in June. Reports are attached.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 20, 2026 | Sold | ||
| Sold | |||
| Dec 11, 2025 | In contract | - | |
| In contract | |||
| Dec 4, 2025 | Price Decreased |
$189,000
↓ $10K
(5%) | |
| Price Decreased | |||
| Nov 21, 2025 | Relisted | $199,000 | |
| Relisted | |||
| Nov 11, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017