9438 Emerald Lakes Drive
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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 3, 2026 | Sold | ||
| Sold | |||
| Jul 11, 2026 | In contract | - | |
| In contract | |||
| May 27, 2026 | Listed by Realty Of America, LLC | $330,000 | |
| Listed by Realty Of America, LLC | |||
| Sep 25, 2020 | Sold | ||
| Sold | |||
| Aug 10, 2020 | Listed by Keller Williams Hou Preferred | $270,000 | |
| Listed by Keller Williams Hou Preferred | |||
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Are you looking for an awesome four bedroom home, with even better upgrades? Well look no further, this home is definitely the one to see. Home features a flex room as well as a game room. Upgrades include: custom paint throughout interior of home, electrical switches and plugs replaced with "Made in USA" products throughout, and black french-handled locksets. Most lighting has been replaced with LED fixtures. Kitchen contains new quartz counter-tops with new stainless sink and faucet, along with a new back-splash and marble trim. Stairwell carpet replaced with solid oak wood, and floor includes engineered acacia. Garage cabinets have been installed, and the list goes on! Call today to schedule your showing for this gem! You will not be disappointed!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017