11 Hemlock Road
About This Property
This home is situated on a large private lot and offers a spacious floor plan, HW floors throughout, & a newer roof and hot water heater.
The home's solid layout, generous living space, and overall potential make it an excellent investment. The full basement has a work area, W&D and high ceilings for additional living space potential. With a little vision & updating, this property can truly shine. Whether you're a homeowner looking to personalize your space or an investor seeking value, this home offers a rare chance to build equity while creating something uniquely your own. Close to major hwy's, shopping and restaurants. Schedule your showing toda
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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 |
|---|---|---|---|
| Sep 11, 2026 | Sold | ||
| Sold | |||
| Aug 6, 2026 | In contract | - | |
| In contract | |||
| Jul 5, 2026 | Listed by RE/MAX at Barnegat Bay | $499,000 | |
| Listed by RE/MAX at Barnegat Bay | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017