16823 Hemlock Grove Drive
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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 |
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| Jun 4, 2021 | Sold | ||
| Sold | |||
| Apr 26, 2021 | Listed by Bonnie Collins Group | $365,000 | |
| Listed by Bonnie Collins Group | |||
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Beautiful one-story home in The Groves on a landscaped lot. This home features four bedrooms, three full bathrooms, and an open floorplan. The kitchen boasts granite countertops, an island with breakfast bar, a gas range, and stainless steel appliances. There is a home office off the family room with french doors. The spacious primary bedroom has an ensuite bathroom with double sinks, a garden tub, and walk-in shower. The backyard has a covered patio with fan. Within The Groves there is a community pool, fish camp, and a pond. The location is convenient to schools, shopping centers, grocery stores, and restaurants. Zoned to Humble ISD.
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| Apr 23, 2020 | Sold | ||
| Sold | |||
| Oct 10, 2019 | Listed by RE/MAX Associates Northeast | $304,000 | |
| Listed by RE/MAX Associates Northeast | |||
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ELEGANT AND COMFORTABLE PERRY SINGLE STORY HOME... THIS HOME HAS SO MANY UPGRADES AND SHOWS WONDERFUL. OWNER PUT IN A TON OF $$$$ IN UPGRADES. BRAND NEW CARPET ALSO JUST INSTALLED. IMPRESSIVE ENTRY WITH 12 FOOT CEILINGS...PERFECT FOR LARGE PIECES OF FURNITURE. HUGE OPEN CONCEPT FAMILY ROOM WITH FIREPLACE, OPEN TO KITCHEN WITH UPGRADED CABINETS WITH RICH DARK STAIN AND CROWN MOLDING, UNDER COUNTER LIGHTING, GRANITE COUNTERS, GAS COOK TOP AND BUILT IN OVEN AND MICROWAVE. PRIVATE LIBRARY/STUDY WITH FRENCH DOORS WOULD ALSO MAKE A GREAT MEDIA ROOM, PRIVATE LARGE MASTER SUITE WITH ON SUITE BATH FEATURING DUAL VANITIES, SEPARATE WALK IN SHOWER AND GARDEN TUB AND SPACIOUS WALK IN CLOSET. GUEST ROOMS ARE A GOOD SIZE WITH ONE HAVING ITS OWN PRIVATE ON SUITE BATH. LARGE UTILITY ROOM WITH MUD ROOM , 3 CAR TANDEM GARAGE. COZY COVERED REAR PORCH IS PERFECT PLACE TO ENJOY YOUR GARDENING! DONT MISS OUT ON THIS HOME ! THIS HOME IS PRICED THOUSANDS BELOW NEW CONSTRUCTION....
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017