7 Emery Lane
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 |
|---|---|---|---|
| Dec 1, 2021 | Sold | ||
| Sold | |||
| Oct 5, 2021 | No longer available | - | |
| No longer available | |||
| Sep 17, 2021 | Price Decreased |
$699,900
↓ $250K
(26.3%) | |
| Price Decreased | |||
| Aug 30, 2021 | Listed by The Gove Group Real Estate, LLC | $950,000 | |
| Listed by The Gove Group Real Estate, LLC | |||
| Jul 30, 2017 | Listed | $799,000 | |
| Listed | |||
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Welcome home to this beautiful 1780 Colonial with charm around every corner. The flexible layout offers endless possibilities for this very well maintained home featuring hardwood floors throughout, original exposed beams, several fireplaces, and so many wonderfully restored details perfectly capturing the essence of this antique home. Despite its history, there is a perfect harmony of old and new, exquisitely displayed in the kitchen with high quality cabinets with under-cabinet lighting, Viking appliances including oversized gas range, stainless steel farmhouse sink, gorgeous countertops, and an adjacent pantry with built-ins offering tons of storage space. Enjoy a wonderfully remodeled master bath with custom tile shower, soaking tub, and beautiful vanity. A bonus room on the second floor landing could easily be made into two separate spaces or one unique space. The first floor atrium offers a unique indoor space with panoramic views of the professionally landscaped grounds. A detached building offers finished 2-story office space with separate parking and storage space that could easily be turned back into a functioning 2-car garage for the property. This home is ready for its new owner to come in and make it their own! The manager has listed the unit size as 3100 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017