31
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813 Emerald Way
About This Property
Step inside to find a light-filled floor plan featuring updated kitchen and bathrooms, neutral finishes, and generous living spaces designed for everyday living and entertaining. The remodeled kitchen offers abundant cabinetry, modern finishes, and flows seamlessly into the main living areas.
Enjoy peace of mind with major updates already completed, including a 2019 roof, 2020 A/C, tankless gas water heater, and deep well irrigation to help keep the lawn lush while saving on water costs.
Step outside to the screened lanai overlooking the expansive backyard, complete with a workshop/storage shed and an impressive collection of mature fruit trees including mango, lychee, and lime-your own private Florida oasis. Plenty of room to garden, play, or store your toys.
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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 29, 2026 | Price Decreased |
$399,900
↓ $20K
(4.8%) | |
| Price Decreased | |||
| Jul 7, 2026 | Listed by Ellingson Properties | $420,000 | |
| Listed by Ellingson Properties | |||
| Dec 4, 2012 | Sold | ||
| Sold | |||
| Jul 10, 2012 | Listed by Tropical Realty Beachside | $128,900 | |
| Listed by Tropical Realty Beachside | |||
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Here is a chance to own a 3 bedroom, 2 bathroom home in Emerald Hills! This home sits on almost 1/3 acre corner lot and boasts a fenced yard, living room, dining room, family room and screened porch! Vaulted ceilings and lots of windows compliment the open layout. This is a Fannie Mae HomePath home and can be purchased for as little as 3% down! It is also approved for HomePath Mortgage and HomePath Renovation Mortgage Financing. Restrictions apply.
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About Emerald Hills
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017