706 Lake Emerson Rd
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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 |
|---|---|---|---|
| Feb 24, 2022 | Sold | ||
| Sold | |||
| Oct 12, 2021 | Listed by DR Horton Realty LLC | $486,890 | |
| Listed by DR Horton Realty LLC | |||
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Ready February/March 2022! Tons of space in this gorgeous 5-bed home with a 2 car garage. On the main level, the Henley offers an open kitchen with a large center island, walk-in pantry, dinette, family room, study, secondary bedroom and full bathroom. Open-concept kitchen features stylish white cabinetry, and SS appliances w/gas range. Enjoy cool evenings curled up in front of the gorgeous electric fireplace. Complete with front yard landscaping with irrigation, tankless water heater, and smart home package! Photos are representative and are not of the actual home.
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Last Updated: 2 years ago
Data Source: REcolorado MLS, MLS# 1701839
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017