1942 Hempel AVENUE
About This Property
The second large family room features another bay window, solar lighting, and a more private space for a game room or other activities.
The 18x20 primary bedroom is located on the first floor and features 2 large walk-in closets, one of which is built to also serve as a hurricane shelter and could make a wonderful baby room close to the parents. The bathroom area has a built-in shower system, jacuzzi tub, and amazing tile work. The 5th bedroom / bathroom above the garage is a large suite which can be used as a bedroom, movie theater, office, or gym. There is high quality lighting and fans throughout the home, along with travertine flooring and Russian oak wood floors throughout the first floor. Also, an abundance of parking inside your property lines. Again the zoning for this home allows for chickens and other animals including a horse, which is very hard to come by in the Windermere area! Premium location, minutes to everything including yellow dog eats, downtown Windermere, and Disney.
Come call this peaceful country estate home!!!
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 6, 2024 | Sold | ||
| Sold | |||
| Apr 22, 2024 | In contract | - | |
| In contract | |||
| Apr 13, 2024 | Price Decreased |
$1,249,900
↓ $46K
(3.6%) | |
| Price Decreased | |||
| Mar 27, 2024 | Price Decreased |
$1,295,900
↓ $100K
(7.2%) | |
| Price Decreased | |||
| Mar 6, 2024 | Relisted | $1,395,900 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017