51 Emerson Rd
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 |
|---|---|---|---|
| Mar 13, 2025 | Sold | ||
| Sold | |||
| Feb 12, 2025 | In contract | - | |
| In contract | |||
| Feb 6, 2025 | Listed by Coldwell Banker Realty - Newton | $1,249,000 | |
| Listed by Coldwell Banker Realty - Newton | |||
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Nestled in a picturesque neighborhood, this rare 5-bedroom, 2 full bath cape has a flexible layout offering an opportunity to designate one of the two generous-sized bedrooms on the first floor as the primary or opt for upstairs, where three more cozy bedrooms await. The first floor welcomes you with an inviting open floor plan that balances openness with the privacy you will covet. The recently renovated kitchen is a centerpiece, boasting a stunning island that serves as the perfect gathering spot for family meals or entertaining large groups. The dining room is a rarity, capable of accommodating a large, oversized table and the fireplaced living room is ideal for relaxation and intimate conversations. There is more with a finished walkout basement, offering additional sanity space perfect for a gaming area, TV or playroom. There is also a spacious laundry room, large storage room and convenient direct access to both the garage and backyard. Make sure you don't miss out!
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| May 28, 2008 | Sold | ||
| Sold | |||
| Mar 1, 2008 | Listed by Coldwell Banker Realty - Newton | $529,000 | |
| Listed by Coldwell Banker Realty - Newton | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017