8 Emerald Way #8
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 |
|---|---|---|---|
| Jun 30, 2021 | Sold | ||
| Sold | |||
| May 14, 2021 | Listed by Coldwell Banker Realty - Newburyport | $429,000 | |
| Listed by Coldwell Banker Realty - Newburyport | |||
| Jun 27, 2014 | Sold | ||
| Sold | |||
| Mar 3, 2014 | Listed by Stone Ridge Properties, Inc. | $312,900 | |
| Listed by Stone Ridge Properties, Inc. | |||
| | |||
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THE VILLAGE AT SALISBURY SQUARE - Be a part of this exciting new "Pocket Neighborhood" community. NOW UNDER CONSTRUCTION...The Periwinkle plan features an open floor plan. Spacious kitchen with granite countertops and stainless steel appliances.. Sit on your covered front porch while sipping on your morning coffee. Less than 2 miles to Salisbury Beach, close to historic Newburyport, easy access to Rts 95 & 495. Time to make your home selections!
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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 |
|---|---|---|---|---|---|---|---|
|
05/14/2021
|
2 Bed
|
2 Bath
|
1264 ft²
|
$429,000
2 Bed
2 Bath
1264 ft²
|
$461,500
+7.58%
06/30/2021
|
Kim Weeks
Coldwell Banker Realty - Newburyport
| |
|
03/03/2014
|
2 Bed
|
2 Bath
|
1265 ft²
|
$312,900
2 Bed
2 Bath
1265 ft²
|
$312,900
06/27/2014
|
Susan Bolgar
CBRB - New Homes
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017