2 Hemlock Road
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 |
|---|---|---|---|
| Sep 3, 2021 | Sold | ||
| Sold | |||
| Jul 1, 2021 | Listed by Century 21 North East | $729,900 | |
| Listed by Century 21 North East | |||
| Aug 29, 2019 | Sold | ||
| Sold | |||
| Apr 16, 2019 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $469,000 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
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Just add your finishing touches to this Handicap accessible 4 bedroom Raised Ranch in North Reading. Home features updated EIK kitchen with granite counter-tops and stainless steel appliances, central air conditioning, a Master bedroom off kitchen with a 3/4 bath, sliders leading to a three season screened porch, Hardwood floors throughout the bedrooms with one zone oil baseboard heating. Washer Dryer hookup in one of the bedroom plus another hookup in the basement as well. Basement has concrete floor with work shop area and can be finished if needed. Exterior has wood shingles which can be painted to your chosen color plus 4 off-street parking spots and a 1/4 acre lot. Roof is only 5 years old. Title V passed as a 3 bedroom.
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| May 28, 2010 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017