619 Emerald Ave
About This Property
Beyond the main home, a detached 2-car garage with its own separate living quarters adds incredible value and flexibility to this property. Perfect as a guest cottage, in-law suite, or private studio, this bonus space provides a comfortable and independent retreat for visitors or extended family -- all while keeping them close to home. A rare find that truly sets this property apart.
Enjoy a private backyard and mostly fenced yard, just minutes from public boat docks.
Listed By
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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 7, 2026 | Price Decreased |
$734,500
↓ $35K
(4.6%) | |
| Price Decreased | |||
| Aug 20, 2026 | Relisted | $769,500 | |
| Relisted | |||
| Aug 15, 2026 | In contract | - | |
| In contract | |||
| Jul 25, 2026 | Price Decreased |
$769,500
↓ $5K
(0.7%) | |
| Price Decreased | |||
| May 21, 2026 | Listed by The Real Estate Firm Inc. | $774,500 | |
| Listed by The Real Estate Firm Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017