47 Emerson St
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 |
|---|---|---|---|
| Dec 18, 2025 | Sold | ||
| Sold | |||
| Nov 13, 2025 | In contract | - | |
| In contract | |||
| Nov 5, 2025 | Listed by Leading Edge Real Estate | $849,000 | |
| Listed by Leading Edge Real Estate | |||
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Welcome to 47 Emerson Street, where every square foot has been maximized with premium upgrades and thoughtful design. The centerpiece is a stunningly designed chef’s kitchen featuring a 7-burner gas range with warming station, Sub-Zero refrigerator, paneled freezer drawers, double-drawer dishwasher, under-cabinet lighting, and a lovely butler’s pantry for added style and function. The kitchen sink overlooks a magnificent backyard oasis filled with mature plantings, stunning perennials, and inviting spaces to relax beneath the pergola or gather around the fire pit. Inside, you’ll find three well-sized bedrooms, a home office, two full baths, and central air. The partially finished lower level includes a designated laundry area with folding space, plus storage or workshop potential, and a place to exercise. Perfectly located near scenic Lake Quannapowitt, the farmers market, commuter rail, and major routes—this home offers warmth, beauty, and everyday convenience.
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| May 27, 2021 | Sold | ||
| Sold | |||
| Apr 14, 2021 | Listed by Boardwalk Real Estate | $749,900 | |
| Listed by Boardwalk Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017