98 Emerald Dunes Circle
About This Property
Set within the Old Florida Cottages community, this intimate neighborhood is known for its palm-lined streets, lush tropical landscaping, winding brick walkways, and classic white picket fences. Residents enjoy a heated community pool with an expansive sun deck and covered lanai, ideal for relaxing after a day at the beach.
Positioned adjacent to the community pool, the home enjoys a prime setting within the neighborhood. Inside, the designed floor plan features two spacious upstairs bedrooms, each thoughtfully connected to a covered porch and accompanied by two full baths. A convenient half bath is located on the main living level. Covered porches also extend the living space outdoors, ideal for sipping morning coffee at sunrise or unwinding after a day at the beach as the sun sets. With the beach only a short stroll away and shopping and dining just moments from home, this property offers an inviting coastal retreat in the heart of Old Florida Cottages.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 12, 2026 | Sold | ||
| Sold | |||
| Feb 4, 2026 | In contract | - | |
| In contract | |||
| Jan 20, 2026 | Listed by Scenic Sotheby's International Realty | $749,000 | |
| Listed by Scenic Sotheby's International Realty | |||
| Jun 13, 2024 | No longer available | - | |
| No longer available | |||
| Apr 18, 2024 | Price Decreased |
$875,000
↓ $10K
(1.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017