480 Emory Road
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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 |
|---|---|---|---|
| Sep 9, 2024 | Sold | ||
| Sold | |||
| Jun 28, 2024 | In contract | - | |
| In contract | |||
| Jun 2, 2024 | Listed by Douglas Elliman Real Estate | $769,000 | |
| Listed by Douglas Elliman Real Estate | |||
| | |||
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Expanded Cape for Sale in the Village of Mineola, The Lawns Area. Located in the beautiful North Mineola area, this expanded Cape offers 4 bedrooms and 2 full bathrooms. The living room features Andersen bay windows, while the dining room has Andersen doors leading to a deck with a retractable awning. The second floor is fully rear-dormered and includes a bedroom with a wood-burning fireplace, another spacious bedroom with an office space, a very private backyard surrounded by tall and beautiful hedges. Additionally, there is an oversized garage. Conveniently near all transportation and shopping.
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| May 19, 2024 | Listed by Douglas Elliman Real Estate | $769,000 | |
| Listed by Douglas Elliman Real Estate | |||
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About Mineola
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017