1109 Hemlock Drive
About This Property
The fully finished basement offers complete living quarters - perfect for guests, extended family, or rental potential - featuring a full kitchen, living area, bedroom, and bath.
Outside, relax on the spacious deck overlooking the landscaped yard, or take advantage of the covered picnic area nestled by the creek. With an attached 2-car garage and ramp access this home offers convenient access to both the main level and basement area. Combining classic charm with versatile living space, this home is ideal for multi-generational living or anyone seeking comfort and flexibility.
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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 |
|---|---|---|---|
| Dec 31, 2025 | Sold | ||
| Sold | |||
| Nov 21, 2025 | In contract | - | |
| In contract | |||
| Nov 4, 2025 | Price Decreased |
$369,999
↓ $9K
(2.4%) | |
| Price Decreased | |||
| Oct 16, 2025 | Listed by Century 21 Blackwell & Company Realty | $379,000 | |
| Listed by Century 21 Blackwell & Company Realty | |||
| Sep 11, 2025 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017