6-8 Emerald Pl
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%.
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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 26, 2024 | Sold | ||
| Sold | |||
| May 14, 2024 | Listed by Canon Real Estate, Inc. | $319,900 | |
| Listed by Canon Real Estate, Inc. | |||
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**Offer deadline of 6pm on Sunday May 19th. Plenty of space and water views! Overlooking Lower Mill Pond, this former 2-family that was converted to a single family home offers 5 bedrooms and 2 full bathrooms. The first floor features a kitchen with adjacent bathroom & good-sized living room. A separate dining room with pantry/office nook provides access to the 3-season porch and another full bath (with laundry hook-ups) as well as a den (previously used as a first floor bedroom). Upstairs there are two larger bedrooms, a 2-room bedroom and two additional bedrooms, one of which has laundry hook-ups (or the potential to be converted to another bath). Fantastic 2-car detached garage for parking & storage as well as a full basement and generator (5 yo APO). An excellent opportunity to own a great home with easy access to downtown & 91, close to the mill buildings with dining & shopping and enjoy Arts in the Park all summer long at Millside Park.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017