$255,000
●
House -
Off Market
906 EMERALD CT
SALISBURY, MD 21804
3 Beds
2 Baths
1,362 Ft²
$2,643
Est. Monthly
$1,390
HOA / Fees
3.81%
Cap Rate
About This Property
Freshly painted and looking GREAT! Looking for convenient living in
an attractive, well-kept home and neighborhood? Here it is!
In addition to being a lovely place to live, Stone Gate has
been consistent in sales and desirability for years. This unit has
a great floorplan with 3 nice sized bedrooms and 2 full baths. The
family room has a cathedral ceiling and cozy, gas fireplace and the
pass through to the kitchen keeps everyone connected! The dining
area has a very attractive view out the back to the deck with a
retractable awning. If you like a screened porch, there is one of
those too! This home is a perfect size, compact yet offers
spacious rooms and storage. The attached garage is the cherry on
top! Don't let this one get away!
Unit Size
1,362 Ft²
Days on Market
4 days
Land Size
0.13 acres
Price per sqft
$187
Property Type
House
Property Taxes
$285
HOA Dues
$1,390
Year Built
2002
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (Bright MLS #MDWC2015670)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 27, 2025 | Sold | ||
| Sold | |||
| Feb 3, 2025 | In contract | - | |
| In contract | |||
| Feb 3, 2025 | Price Increased |
$255,000
↑ $5K
(2%) | |
| Price Increased | |||
| Nov 18, 2024 | Price Decreased |
$249,900
↓ $5K
(2%) | |
| Price Decreased | |||
| Nov 7, 2024 | Listed by ERA Martin Associates | $254,900 | |
| Listed by ERA Martin Associates | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Salisbury
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Listed by: Frances Sterling
ERA Martin Associates
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# MDWC2015670
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
ERA Martin Associates
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# MDWC2015670
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017