33 Emerald Glen
About This Property
Upstairs is divided into 2 areas with the master bedroom suite towards the back of the house & a 2 brm with ensuite bathrooms and a recreation room. There are 2 sets of french doors leading to a deck with a beautiful glimpse of the ocean and Catalina Island views.
Adding to the functionality of the house are solar panels(owned),smart home controller for pool equipment, a/c & heating, & landscape sprinkler system. The 3 car garage features a 220 volt charger & epoxy floors. The Ocean Ranch amenities include a large swimming pool, basketball court, & playground. https://my.matterport.com/show/?m=MXcy4A2doqZ
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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 |
|---|---|---|---|
| Jul 21, 2020 | Sold | ||
| Sold | |||
| Mar 14, 2020 | Listed by Re/Max Premier Realty | $1,990,000 | |
| Listed by Re/Max Premier Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017