8306 Emerald Meadow Lane
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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 |
|---|---|---|---|
| Aug 16, 2024 | Sold | ||
| Sold | |||
| Jul 18, 2024 | In contract | - | |
| In contract | |||
| Jul 3, 2024 | Listed by Keller Williams Memorial | $550,000 | |
| Listed by Keller Williams Memorial | |||
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Experience the epitome of luxury with over $145,000 in upgrades! Recent improvements include the Roof, AC, Water Heaters, Kitchen, Primary Bed & Bath, Patio, Laundry Room and more. Every corner exudes elegance and sophistication! And the back neighbor is the Golf Club of Houston, with stunning views overlooking the 10th green and 11th tee box and fairway. Enter through a dramatic foyer adorned with a grand chandelier and sweeping staircase, leading to formal living and dining areas, as well as a private study. The chef's kitchen is a true showstopper and the heart of the home. The primary suite features a luxurious bathroom and expansive closet for ultimate comfort. Upstairs, discover 3 bedrooms, 2 baths, a game room & a balcony, perfect for watching sunsets. Outside, entertain effortlessly under the extended, covered patio and in the spacious yard with ample green space. Located near Downtown, IAH and Generation Park, this residence offers unparalleled convenience and refined living.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017