4 Emerald Way #4
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%.
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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 5, 2025 | Sold | ||
| Sold | |||
| Sep 2, 2025 | In contract | - | |
| In contract | |||
| Jul 23, 2025 | Price Decreased |
$559,000
↓ $20K
(3.5%) | |
| Price Decreased | |||
| Jun 25, 2025 | Listed by Keller Williams Realty Evolution | $579,000 | |
| Listed by Keller Williams Realty Evolution | |||
| |||
|
The best of all worlds can be found in this pristine condo at The Village at Salisbury Square! Feel like you're always on vacation - a short bike ride to Salisbury Beach and the State Reservation, 4 minutes to all the restaurants and shops Historic Newburyport has to offer, all while living in this 2-bedroom 1.5 bath home w/too many upgrades to list! Red oak hdwd flrs grace the entire first flr as do soaring ceilings and decorative crown moldings. The upgraded kitchen offers granite counters, under cabinet lighting, beautiful cabinets & SS appliances. The open concept design boasts a dining area and gas-fireplaced living room. Enjoy the outdoors on your private patio or watch the world go by on your farmers porch. A convenient laundry & half bath complete the 1st floor. Upstairs there's new carpet in both bedrooms & a full bath w/double vanity & tile flrs. These townhomes live like single family homes & units share only a garage wall. Move in just in time to enjoy summer!!!
| |||
| Feb 20, 2015 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/25/2025
|
2 Bed
|
1 Bath
|
1264 ft²
|
$579,000
2 Bed
1 Bath
1264 ft²
|
$550,000
-5.01%
09/05/2025
|
Nancy Judge
Keller Williams Realty
| |
|
08/06/2014
|
2 Bed
|
1 Bath
|
1265 ft²
|
$304,900
2 Bed
1 Bath
1265 ft²
|
$304,900
02/20/2015
|
Susan Bolgar
CBRB - New Homes
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017