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5204 Emerald Forest DR
About This Property
Major improvements include a new HVAC system, water heater, electrical panel, rewiring, plumbing fixtures, attic insulation, exterior siding, garage doors and openers, interior doors, all windows, trim, flooring, fencing, lighting, switches, outlets, hardware and more. The home has been fully re-sheetrocked with fresh knockdown texture and paint throughout, creating a clean, modern feel.
The stunning kitchen has been completely remodeled with all-new cabinetry, countertops, and appliances, while both full bathrooms have been beautifully renovated and feature custom LED lighting and walkin showers. Additional highlights include an indoor laundry room and pantry.
Step outside to a covered patio overlooking the spacious backyard, offering plenty of room for entertaining, gardening, pets, or play. Whether you're enjoying your morning coffee or hosting friends and family, the outdoor living space provides the perfect extension of the home.
Enjoy the peace of mind that comes with owning a home that feels practically brand new.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 25, 2026 | In contract | - | |
| In contract | |||
| Jun 18, 2026 | Listed by Keller Williams Realty | $450,000 | |
| Listed by Keller Williams Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017