38 Emerald Rd
About This Property
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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 |
|---|---|---|---|
| May 23, 2024 | Sold | ||
| Sold | |||
| Mar 8, 2024 | In contract | - | |
| In contract | |||
| Feb 6, 2024 | Listed by Holden Realty Inc. | $639,000 | |
| Listed by Holden Realty Inc. | |||
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NEW CONSTRUCTION in process -- 4 bedroom, 2.5 bath Colonial on beautiful open sunny lot on quiet side road with 2 car attached garage. Plenty of room to entertain with hardwood flooring thruout first floor plus second flr hall, family room w/propane fireplace, formal dining and living room plus study, white shaker style soft close kitchen cabinets w/granite counter & backsplash, dining area, slider to deck. Second flr offers private primary bedroom suite with 14' deep walk-in closet, private bath w/tiled shower, 3 more bedrms, 2nd flr laundry, tile flrs in full baths. Includes: 200 amp electric, central air, paved driveway, 2 car garage w/overhead garage door openers & side entry, & over 355' deep lot. Book your showing and see if this is your next home! Spring closing!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017