8 Emerson 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%.
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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 |
|---|---|---|---|
| Mar 29, 2024 | Sold | ||
| Sold | |||
| Feb 14, 2024 | Listed by Coldwell Banker Hickok and Boardman | $549,000 | |
| Listed by Coldwell Banker Hickok and Boardman | |||
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Enjoy gorgeous Green Mountain views right from your front porch in this 3-bed, 2.5-bath classic colonial home! Set on 3 acres of lush pastureland, this home offers a restful quiet setting overlooking a 40-acre organic farm. This spacious home features a large eat-in kitchen with sliding patio doors leading out to a large back deck with beautiful pastoral views. A separate dining room and sunny living room feature hardwood floors and lots of windows plus a separate office space and a second set of sliding doors to the backyard. At the center of the living room is a brick fireplace with a brand new wood pellet stove insert that heats the entire house. Upstairs is a primary suite plus 2 additional bedrooms, all with hardwood floors, and a full bath. A large 2-car garage offers plenty of storage with unfinished space above, ready for your finishing touches (interior access from 2nd floor). Outside you'll find a partially fenced backyard and an owned ground mount solar system. While just minutes from town services and I-89, you'll enjoy a slice of country living! Skiing, biking, and hiking are just a short drive away. You don't want to miss this one!
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| Oct 29, 2020 | Sold | ||
| Sold | |||
| Aug 14, 2020 | Listed by Flat Fee Real Estate | $399,000 | |
| Listed by Flat Fee Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017