7 Emily Lane
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 19, 2025 | Sold | ||
| Sold | |||
| Oct 10, 2025 | In contract | - | |
| In contract | |||
| Sep 3, 2025 | Price Decreased |
$1,525,000
↓ $50K
(3.2%) | |
| Price Decreased | |||
| Jul 1, 2025 | Listed by Compass | $1,575,000 | |
| Listed by Compass | |||
| |||
|
Nestled at the end of a quiet lane on nearly two acres in scenic Magnolia, this 1880 Queen Anne shingle-style residence provides the perfect blend of privacy, elegance, and comfort. Set high on Long Hill, the home has been beautifully updated while preserving its period charm and craftsman quality, including custom built-ins & window seats, 5 fireplaces, and a wraparound porch ideal for listening to the surf break on nearby Magnolia Beach. With 5 bedrooms and 4 bathrooms, it has over 4,000 sf of living space on two levels, so hosting family and guests is as easy as the breeze off the sea. A renovated chef’s kitchen anchors the main level, complemented by a sun-filled dining area, living room, family room, rec room/office & laundry. The upper level has a primary bedroom suite, four more bedrooms; one currently a den/TV room. Outside, a flagstone patio and firepit assure full enjoyment of the North Shore lifestyle—all just moments from the village, beach and trails of Ravenswood.
| |||
| Apr 7, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017