Hi and welcome.
If you watch ebay, you can quite often pick up brand new Sunbeam EM6910 + EM0480 for that price, maybe $50 more for sure.
That would be the best set to start off with.* I had the EM6910 up until a month ago and seriously I was getting some fantastic coffee out of it.
If you dont mind second hand you can watch the for sale section on here as well and you might be able to pick up something even cheaper.