5779 EMERALD CAY Terrace
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 18, 2024 | Sold | ||
| Sold | |||
| Jan 11, 2024 | Listed by eXp Realty LLC | $479,900 | |
| Listed by eXp Realty LLC | |||
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Majestic Isles is an active adult community with an abundance of amenities to enjoy! Walking in you are greeted by the warmth of engineered hardwood flooring guiding you throughout the immaculate home. You will notice touches of crown molding and timeless plantation shutters throughout. The kitchen boasts stainless steel appliances, granite countertops and an open concept that is perfect for entertaining. There are spacious custom closets throughout the home providing plenty of storage. This is an end unit with no neighboring home to the west which makes for quiet outdoor living. Come fall in love with your new home!
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| Mar 5, 2018 | Sold | ||
| Sold | |||
| Jan 6, 2018 | Listed by RE/MAX Services | $299,999 | |
| Listed by RE/MAX Services | |||
| May 18, 2013 | Sold | ||
| Sold | |||
Property Highlights
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About Palm Beach
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$6,000 /mo
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$10,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017