17 Old Hemlock Drive
About This Property
The upper level features a charming living room, bright and open dining room, and kitchen complete with newer appliances, striking cabinetry, an island with breakfast bar, and plenty of space for gathering. Three comfortable bedrooms and a full bathroom complete the main level.
The ground floor provides additional living space with a cozy family room featuring a wood-burning stove, a versatile office, laundry room, ample storage, and a second full bathroom-offering plenty of flexibility for today's lifestyle.
Outside, enjoy the property's beautiful hilltop views from the refreshing two-tiered deck, perfect for relaxing, entertaining, or enjoying the surrounding scenery. The partially fenced yard, one-car garage, and additional off-street parking add to the home's appeal.
Convenience is another standout feature. The home is located within easy reach of local schools, numerous shopping plazas, restaurants, and major roadways, including nearby access to Routes 87 and 84, making commuting and everyday errands simple.
Beautiful views, a peaceful hilltop setting, generous living space, and convenient access to shopping, schools, and highways make this home a wonderful opportunity.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017