1502 Hewitt Drive
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 |
|---|---|---|---|
| Aug 16, 2021 | Sold | ||
| Sold | |||
| Jun 10, 2021 | Listed by Martha Turner Sotheby's | $1,395,000 | |
| Listed by Martha Turner Sotheby's | |||
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Charming, meticulously maintained Traditional located on a corner lot in very desirable Oak Forest. Zoned to Oak Forest Elem. and blocks away from Candlelight Park. Interior of the home features designer finishes, lighting, audio, and hardwoods throughout. The inviting foyer is flanked by beautiful formal dining and a home office/study. Expansive family room with ample natural light, fireplace, wine bar, and views of the picturesque backyard pool landscape and summer kitchen. Kitchen complete with Thermador stainless steel appliances, gas range, refrigerator and massive working island opens to family room. Primary suite with soaring tray ceilings and private balcony. Elegant walk-in shower, dual vanities, and sizeable closet in the primary bath. Large secondary bedrooms with en-suite bathrooms. Upstairs game room and bar a perfect place to relax and entertain. Exterior features summer kitchen and loggia, heated pool and spa upgraded with infloor cleaners and stunning oak trees.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017