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 | |||
| | |||
|
Open House Sunday 8/6 11:00-1:00! Welcome to the Villas of Rock Oak, a 55+ community in a prime location with convenient access to everything! This updated and affordable home will impress you from the moment you arrive. Enter the foyer and be greeted by a flowing, open floor plan. Warm wood flooring and a neutral color palette are featured throughout the entire main level. The kitchen is well designed and includes plenty of cabinet space, a breakfast bar, 2 pantries and is open to the light filled adjacent breakfast area. The large family room is inviting with a gas fireplace, trim and crown molding details and sliding glass door to the rear deck. The main level primary bedroom is perfectly sized with an abundance of space and features a walk in closet and a full bath with ceramic tile and walk-in shower. The 2nd main level bedroom features wood flooring and access to 2nd full bath. On the upper level you will find a large den/ home office/ flex space with many possibilities! An additional 3rd bedroom and private full bath are found on the upper level as well as attic storage. The outdoor areas are a wonderful feature of this home and include a new roof, a low maintenance deck overlooking rear trees and a tranquil adjacent community courtyard for viewing nature a few short steps away! This prime location boasts simple access to many conveniences including close access to all major commuter routes, MARC, FT Meade, WB&A trail, and a short trip to the shopping, dining and entertainment options of Waugh Chapel. This opportunity will not last!
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| 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 | |||
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