1811 Hewitt 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%.
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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 30, 2023 | Sold | ||
| Sold | |||
| Jun 1, 2023 | Listed by Happen Houston | $600,000 | |
| Listed by Happen Houston | |||
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Quintessential Oak Forest east 1848 sq. ft. cottage, with 3 en-suite bedrooms plus a 2 car detached garage behind an electric iron gate staged and ready to view, WOW! It doesn't end there. Hardwood floors and plantation shutters thru-out. Large kitchen with tons of storage & glass cabinets. Be the first to cook dinner on a new induction range. Sellers updates since ownership include remodeled primary bath, new AC, refrigerator, sump pump, fence and garage door, interior freshly painted, (see attached list in documents). From the moment you walk up to the front door and are welcomed by the porch, till you exit onto the back patio, you will find yourself visualizing living here, entertaining here and excited to hopefully call 1811 Hewitt your new home !
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017