4046 Emerson Cove Drive
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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 |
|---|---|---|---|
| Jun 22, 2022 | Sold | ||
| Sold | |||
| May 20, 2022 | Listed by First Millennium Realty | $510,000 | |
| Listed by First Millennium Realty | |||
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PERRY HOMES -One-story design with 12-foot coffered ceilings in entry and extended entry. Spacious formal dining room. Library with French door entry. Open family room flows into the kitchen and morning area. Kitchen features island with built-in seating space. Master suite with wall of windows in the bedroom. Garden tub, separate glass-enclosed shower, dual sinks and a large walk-in closet in the master bath. Guest suite. Game room with double doors. Mud room adjoins the oversized utility room. Two-car garage. Stage of construction is Foundation on the day of entry. Very close to The Woodlands and Exxon Campus.
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About Montgomery
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$3,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017