2 Hemlock 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 |
|---|---|---|---|
| Aug 1, 2019 | Sold | ||
| Sold | |||
| Jul 1, 2019 | No longer available | - | |
| No longer available | |||
| Jun 28, 2019 | Listed by RE/MAX Shoreline | $49,000 | |
| Listed by RE/MAX Shoreline | |||
| May 24, 2019 | Listed | $49,000 | |
| Listed | |||
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Where are you going to find a home for less than $50,000! This 1989 Skyline Double wide home has 3 bedrooms and 2 bathrooms on a corner location in Spruce Valley Mobile Home Park. Being sold "As Is" Must be owner occupied, 1 dog allowed (max 25 #). The manager has listed the unit size as 1056 square feet.
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| Feb 1, 2007 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017