11508 Hewitt Road
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 |
|---|---|---|---|
| Dec 20, 2022 | Sold | ||
| Sold | |||
| Oct 2, 2022 | No longer available | - | |
| No longer available | |||
| Aug 5, 2022 | Listed by The Charles Reinhart Company | $535,000 | |
| Listed by The Charles Reinhart Company | |||
| | |||
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You wont be disappointed! This home is located on just under seven acres with an in-ground pool and new deck to relax and enjoy your views all year long! This spacious home is filled with windows for lots of Natural light and offers options for entertaining. The upgraded kitchen has custom cabinetry, crown molding, solid surface counters and SS appliances. Wide plank flooring in sunroom and extensive wood flooring throughout. The main en-suite is truly your sanctuary with a fireplace, and private updated bath to include tiled flooring, bead board and solid surface counter. Entering into the lower walk out level to new flooring and fireplace. Most of the lighting has been upgraded throughout the home and a new retaining wall near lower level. Complete renovation done in 2003 The manager has listed the unit size as 5258 square feet.
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| Jun 27, 2022 | Listed by The Charles Reinhart Company | $500,000 | |
| Listed by The Charles Reinhart Company | |||
| Jan 13, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017