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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 1, 2026 | Sold | ||
| Sold | |||
| Apr 11, 2026 | In contract | - | |
| In contract | |||
| Apr 6, 2026 | Relisted | $385,000 | |
| Relisted | |||
| Mar 10, 2026 | In contract | - | |
| In contract | |||
| Mar 7, 2026 | Listed by Thyme Real Estate Co LLC | $385,000 | |
| Listed by Thyme Real Estate Co LLC | |||
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Discover the charm of this contemporary gem nestled in the desirable Emerald Pointe community. Built in 2007, this spacious detached home offers 2,113 square feet of thoughtfully designed living space, perfect for creating lasting memories. With four generous bedrooms and two and a half bathrooms, there's ample room for relaxation and entertaining. Step inside to find a welcoming atmosphere filled with natural light. The full basement provides endless possibilities-think home gym, playroom, or extra storage. The heart of the home features a well-appointed kitchen, ready for your culinary adventures. Enjoy the convenience of an attached garage with front entry, ensuring easy access and additional storage for your outdoor gear. Outside, the 0.23-acre fenced in lot offers a blank canvas. The community's peaceful ambiance invites leisurely strolls. Experience the perfect blend of comfort and style in Emerald Pointe-your new sanctuary awaits!
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About Emerald Pointe
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017