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%.
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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 | |||
| | |||
|
*** CLOSE TO BEACH LIVING *** The Village at Salisbury Woods is going to WOW you with great restaurants and fun things to do so close by. This totally turn-key, 2 Bedroom Townhome has been impeccably maintained since purchased and is readily available for a quick closing and just in time to enjoy the summer. With being just 4 minutes from Historic Newburyport as well as a short bike ride to Salisbury Beach and the State Reservation, vacationing will feel like its never ending. This open concept design boasts: Hardwood floors on entire first level, Cherry Kitchen Cabinets to ceiling, Granite Counters, Stainless Steel Appliances along with a nice private patio to enjoy warm days and nights, and A Master Bedroom Suite with Jack and Jill full bath with double vanity and granite counters. These townhomes live like single family homes with only the garage as the connecting wall. Its rare when a unit comes up for sale here. Don't let this one get away. 1st Showings at Sunday OH.
| |||
| Jun 27, 2014 | Sold | ||
| Sold | |||
| Mar 3, 2014 | Listed by Stone Ridge Properties, Inc. | $312,900 | |
| Listed by Stone Ridge Properties, Inc. | |||
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