3510 Emerson Drive
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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 |
|---|---|---|---|
| Dec 11, 2024 | Sold | ||
| Sold | |||
| Nov 25, 2024 | In contract | - | |
| In contract | |||
| Oct 24, 2024 | Listed by Styled Real Estate | $400,000 | |
| Listed by Styled Real Estate | |||
| Dec 30, 2019 | Sold | ||
| Sold | |||
| Nov 20, 2019 | Listed by Honeywood Realty, LLC | $265,900 | |
| Listed by Honeywood Realty, LLC | |||
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STEAL OF A DEAL!! DID NOT FLOOD! Like new 3/2/2 with study, could be used as 4th bedroom. The split floor plan is great for those who like privacy. Open concept, perfect for entertaining. Fresh paint inside. Tile throughout whole home except secondary bedrooms. Granite counter tops in kitchen & bathrooms. Stainless appliances & double oven in kitchen. Refrigerator is negotiable. 2'' faux wood blinds throughout entire home. Attic Fully decked. In garage, epoxy floor coating, 10' cabinets, counter top, framed peg board. Covered front porch and back patio. Storage shed in back stays. Seller has grapefruit tree and orange tree in back that bares fruit. The lot to the left will remain vacant, per sellers. Close to entertainment, shopping & great schools. Within walking distance of Madeley Ranch Elementary School.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017