450 Emerald Drive
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 |
|---|---|---|---|
| Sep 9, 2022 | Sold | ||
| Sold | |||
| Jul 11, 2022 | Listed by KW Coastal and Lakes & Mountains Realty | $140,000 | |
| Listed by KW Coastal and Lakes & Mountains Realty | |||
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New Price! and Open House Saturday 12pm to 2pm! This is your opportunity to live in a great location. Close to the Lee Traffic Circle for easy travel in all directions, far enough to enjoy the tranquility around you. Don't let the sq ft # fool you. This is a well proportioned home with generous rooms and closets. The lot also allows plenty of space, and privacy, and an over-sized driveway to accommodate 3 large vehicles! The whole house generator and Central A/C are recent updates. Don't let this one slip away! 2 non-aggressive dogs, no weight limit, permitted (see rules) Park Rent is $485, there is a one-time $450 Membership Fee, and $75, per adult, application and records check fee. Purchase is contingent on Buyers receiving community approval.
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| Mar 2, 2016 | Sold | ||
| Sold | |||
| Dec 22, 2015 | Listed by The Gove Group Real Estate, LLC | $49,900 | |
| Listed by The Gove Group Real Estate, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017