9426 Emerald Lakes 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%.
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 |
|---|---|---|---|
| Oct 25, 2023 | Sold | ||
| Sold | |||
| Sep 20, 2023 | Listed by MOD Realty, LLC | $415,000 | |
| Listed by MOD Realty, LLC | |||
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This beautiful Westin home is located in the gated community of Sterling Lakes. Grand entry with 2nd-floor ceilings 8 ft doors, spiraling staircase with a rotunda, french doors leading to the study, formal dining with grand space, the kitchen is open the family room, with a breakfast bar, wall oven, plenty of counter space, granite countertops, and stainless appliances. The primary suite is light and bright with several tall windows and a tray ceiling for added elegance. The primary bath is indulging, with his and her sinks, a walk-in shower with a seat, and a large soaking tub. The media room is wired for sound, with recessed lighting in several places throughout, and all bedrooms are spacious. Ample amount of storage. The backyard has a covered patio, great for entertaining!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017