2169 Hemlock Drive
About This Property
NOTABLE FEATURES: New 3.5 ton Rheem AC compressor. A .58 acre lot which includes a large buffered area on the north side that keeps the property very private. Full privacy fence - one side gives room for RV/boat parking through a large double gate. Tall recessed ceiling in Living Room. Wood plank tile flooring. Curved archways. Decorative inset tiled wall. Covered front & back porches. Gutters w/professionally installed leaf filters. Large energy efficient hybrid water heater, app controlled irrigation system w/well pump & Fabric shield hurricane panels. Membership in HBTS HOA includes: Access to Multi Million $$ rec center - 8 Clay Tennis Courts, Beach House (Event Hall), Fishing dock, RV/Tent Campground, 10 RV (Back Ins) - 6 Tent Sites, Lap Pool, Family Pool, Baby Pool, Full Weight Room and Cardio, Men/Women Locker rooms, Volleyball Court, Ball Field, Basketball Court, Boat Launch (East Bay) & more!
This is a GEM! Call to see today!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017