702 EMERALD WAY #4
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 |
|---|---|---|---|
| Sep 8, 2023 | Sold | ||
| Sold | |||
| Aug 4, 2023 | Listed by Keller Williams Flagship of Maryland | $470,000 | |
| Listed by Keller Williams Flagship of Maryland | |||
| Mar 11, 2021 | Sold | ||
| Sold | |||
| Nov 23, 2020 | Sold | ||
| Sold | |||
| Nov 6, 2020 | Listed by RE/MAX Realty Group | $369,900 | |
| Listed by RE/MAX Realty Group | |||
| |||
|
Welcome to the Villas at Rock Oak, a 55+ community. Affordable senior home featuring 3 bedrooms, 3 Bathrooms with a 1 car garage. Eat-in kitchen has tons of cabinets. Formal dining room. Family room with a gas fireplace. A large master suite with walk-in closet, private bathroom with a walk-in shower. There is a second bedroom/office off the kitchen with a second full bath. Large deck at the rear of the home for your enjoyment. Send your guests upstairs to a suite with large open family room, bedroom and full bath. New hardwood floors on the first floor. Your yard will look good all year long with your Underground Sprinkler System! Great location, convenient to shopping, MARC train and BWI.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/04/2023
|
3 Bed
|
3 Bath
|
1833 ft²
|
$470,000
3 Bed
3 Bath
1833 ft²
|
$480,000
+2.13%
09/08/2023
|
Jennifer Novak
Keller Williams Flagship of Maryland
| |
|
11/06/2020
|
3 Bed
|
3 Bath
|
1833 ft²
|
$369,900
3 Bed
3 Bath
1833 ft²
|
$376,000
+1.65%
03/11/2021
|
Richard Mitchell
RE/MAX Realty Group
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017