51 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 |
|---|---|---|---|
| May 3, 2024 | Sold | ||
| Sold | |||
| Mar 27, 2024 | In contract | - | |
| In contract | |||
| Mar 18, 2024 | Listed by Executive Real Estate, Inc. | $329,900 | |
| Listed by Executive Real Estate, Inc. | |||
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MULTIPLE OFFERS RECEIVED. HIGHEST AND BEST OFFERS DUE TUESDAY 3/26 AT 9AM. Are you looking for a home that offers an open and airy space, an abundance of natural light and more? Well look no further, this home is for you! Welcome to Emerson Street. Located in one of Springfield's most sought after areas, this beautiful home offers three bedrooms and 1.5 baths. An abundance of natural light pours into the very spacious living and dining room areas courtesy of an expansive wall of windows. Enjoy an eat-in kitchen with lots of storage and counter space along with an adjacent three seasons porch. The walk out basement offers a convenient access to the back yard. Don’t miss out scheduled showing today!
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| Dec 29, 2020 | Sold | ||
| Sold | |||
| Nov 9, 2020 | Listed by Executive Real Estate, Inc. | $219,900 | |
| Listed by Executive Real Estate, Inc. | |||
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Quality built Ranch located in one of Springfield's most desireable neighborhoods, East Forest Park and is now available! Known as the A,B,C streets, Emerson St. has a lovely feel to it. Close to shopping, as well as having access to highways it is easy to navigate. The living room is very large and has a wood burning fireplace w/a brick hearth.. The picture window allows natural sunlight to beam inside. The dining room is large enough to seat at least 8-10 for holiday entertaining. This home has hardwood floors in the bedrooms. The master bedroom is spacious and boasts a half bath. The double closet in the master is large for storage. Two other bedrooms are spacious with great storage. The kitchen cabinets have been updated and are lovely. Additional features are; one car attached garage, central air and in ground sprinklers in the lawn. The walk out basement is large & unfinished. There is an attached & enclosed breezeway in between the garage & kitchen. Curb appeal abounds!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017