Essex
10 Hemlock Drive
Listed by: Steven Gendel, [email protected], Keller Williams Suburban Realty, (973) 251-0100, Listing Courtesy of NJMLS
$915,000
●
House -
Off Market
10 Hemlock Drive
Verona, NJ 07044
4 Beds
3 Baths,
1
Half Bath
$5,978
Est. Monthly
2.96%
Cap Rate
About This Property
Updated split on cul-de-sac. Large entry foyer & spacious FR lead
to the recently installed 30' patio & hot tub. The main level has
an abundance of natural light, open floor plan & updated kitchen
w/large peninsula, stunning Quartzite countertops, stainless
appliances, & custom wood cabinets. Huge living room & spacious
dining room great for hosting large gatherings. On the upper level
are 4 spacious bedrooms, updated baths & generous closet space. The
large primary bedroom features an ensuite bath & WIC. The open
finished lower level has high ceilings and ample storage, and
offers many options: media room, wine cellar or wellness area. In
addition to the fabulous layout, the generous sized rooms and the
move in condition, this home also boasts wood floors, newer central
AC, newer windows w/ a transferable warranty & a neighborhood that
can't be beat! Close proximity to schools, shopping, major highways
& the coveted West Essex Rail Trail. You won't want to miss this
one!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$1,484
HOA Dues
-
Year Built
1971
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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: 3 years ago (NJMLS #24010687)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 17, 2024 | Sold | ||
| Sold | |||
| Apr 21, 2024 | In contract | - | |
| In contract | |||
| Apr 10, 2024 | Listed by Keller Williams Suburban Realty | $799,000 | |
| Listed by Keller Williams Suburban Realty | |||
Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Essex
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Listed by: Steven Gendel
Keller Williams Suburban Realty
Last Updated: 3 years ago
Data Source: NJMLS , MLS# 24010687
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than RHP Realty NJ, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
Keller Williams Suburban Realty
Last Updated: 3 years ago
Data Source: NJMLS , MLS# 24010687
All information deemed reliable but not guaranteed.© 2026 New Jersey Multiple Listing Service Inc. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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