1122 Hempstead Villa Lane
About This Property
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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 |
|---|---|---|---|
| Jan 9, 2024 | Sold | ||
| Sold | |||
| Dec 19, 2023 | In contract | - | |
| In contract | |||
| Dec 8, 2023 | Listed by eXp Realty LLC | $399,000 | |
| Listed by eXp Realty LLC | |||
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Well kept 3 BR, 3.5 BA, 3-story home with a 20' entrance in a quiet, gated neighborhood. Open floorplan with a Juliet balcony and French doors in the living room. Engineered wood in the living areas. New roof replaced in July 2023. Both AC coils replaced in 2020. Minutes away from major highways I-10, 290 & 610. Less than a 10-minute drive to Houston Marq'E and Dave & Buster's entertainment plaza. Nearby restaurants. Refrigerator, W&D will stay with the home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017