7132 Emerald Drive
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 |
|---|---|---|---|
| Aug 23, 2023 | Sold | ||
| Sold | |||
| Jul 31, 2023 | Listed by Turnkey Realty LLC | $7,500 | |
| Listed by Turnkey Realty LLC | |||
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This heavily wooded lot is very close to lake Brownwood and sits at the top of a hill, providing a great view to the west. This is in the unrestricted Shamrock Shores area so you can bring in your mobile home, tiny house, or your can use it as an RV camp. With access to both the lake and a short drive to town, this lot is in the perfect location for your summer fun, or your forever home.
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| Sep 1, 2022 | Sold | ||
| Sold | |||
| Apr 30, 2022 | Listed by eXp Realty LLC | $10,900 | |
| Listed by eXp Realty LLC | |||
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About Lake Brownwood
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Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20045684
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017