16815 Hemlock Grove 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 |
|---|---|---|---|
| Sep 3, 2021 | Sold | ||
| Sold | |||
| Jul 22, 2021 | Listed by TAS Realty Group | $399,900 | |
| Listed by TAS Realty Group | |||
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This stunning, Perry Homes, single owner home is four years young & in pristine condition in The Groves! The beautiful, extended entry meets you w/a 12-foot coffered ceiling & wood tile flooring throughout. The spacious study has french doors & custom shutters w/crown molding. The family room boasts a full wall cast stone fireplace & a wall of windows letting in an array of natural light. The gourmet kitchen features an island w/built-in seating/storage space, stainless steel appliances, track lighting, custom white cabinetry w/glass fronts, walk-in pantry, & gas cooktop. The additional counter space off of the kitchen & dining area offers ample storage & bright windows. All bedrooms are spacious w/great closet space - one bedroom offers an en suite bath. The private owner's suite includes a corner garden tub, separate glass-enclosed shower, dual vanities, & spacious his & hers walk-in closets. The backyard offers a covered patio & extended slab. Schedule your appointment today!
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About Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017