16 Hemlock Dr
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 |
|---|---|---|---|
| Jun 26, 2024 | Sold | ||
| Sold | |||
| May 14, 2024 | Listed by RE/MAX Executive Realty | $1,100,000 | |
| Listed by RE/MAX Executive Realty | |||
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Rare resale in prestigious Hemlock Estates! Skip the vacation rental & spend the summer in your own backyard oasis! Recently installed heated saltwater pool w/ stamped concrete patio is calling your name! Cozy up to the fire pit as you enjoy your favorite movie on the big screen (equipment included). The .57 acre lot is bordered by mature plantings for ultimate seclusion & privacy. Recently renovated kitchen w/ sleek white glass front cabinets, farmhouse sink, center island, wine fridge & Bosch SS applncs opens to impressive "great" room w/ vaulted ceilings, skylights & firplce. Formal DR w/ upgraded molding pkg. Formal LR w/ 2nd frplc. Private office w/ a wall of built-ins overlooks the backyard paradise. Spacious primary suite w/ vaulted ceilings, double vanity bath w/ jetted tub & skylights. 2 more generous BR's & 1 smaller BR provides access to the walk-up attic for future expansion or storage. Finished LL. Whole house generator! This home is stunning in every way possible!
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| Aug 10, 2012 | Sold | ||
| Sold | |||
| May 11, 2012 | Listed by RE/MAX Executive Realty | $574,900 | |
| Listed by RE/MAX Executive Realty | |||
| Aug 4, 1995 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017