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54 Emerson Road
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 |
|---|---|---|---|
| Oct 29, 2009 | Sold | ||
| Sold | |||
| Sep 29, 2009 | Sold | ||
| Sold | |||
| Sep 8, 2009 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $410,000 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
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Quality-built Cape with the ambiance of a Colonial, needs your finishing touches to restore its beauty. Set on a tree-lined street with a large fenced back yard, just a block from #70 bus. First flr: front-to-back living rm w/fireplace, sunrm/den, dining rm with wainscotting and hutch, eat-in kitchen w/pantry, half bath. Three bedrms & full bath on 2nd flr, plus storage space. Updates include roof/gutters/downspouts (approx 1995), new elec panel, new heat & hot water systems, & newer windows.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017