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23 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 |
|---|---|---|---|
| Jun 7, 2024 | Sold | ||
| Sold | |||
| Mar 12, 2024 | In contract | - | |
| In contract | |||
| Mar 6, 2024 | Listed by Gibson Sotheby's International Realty | $889,000 | |
| Listed by Gibson Sotheby's International Realty | |||
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Storybook Cape style home complete with an awesome farmers porch sited on a beautifully landscaped lot located on Eliot Hill. A sweetheart of a home that has been lovingly cared for and very well maintained. Features include the kitchen with stainless appliances, a gas Viking range, soapstone counter tops, and custom cabinets. Fireplace living room with French doors leading to an expansive deck overlooking a very pretty backyard. Second floor features the primary bedroom with built-ins as well as two additional bedrooms. Improvements include a renovated second floor bath, landscaping, deck, and Hardy Plank exterior. Convenient to Rt. 9, 128, and the MBTA Green Line Elliot train stop. Come fall in love! Offer deadline is Monday March 11th at 12:00 noon. See firm remarks for offer instructions.
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| Jun 28, 2016 | Sold | ||
| Sold | |||
| Apr 27, 2016 | Listed by Coldwell Banker Residential Brokerage - Newton - Centre St. | $729,000 | |
| Listed by Coldwell Banker Residential Brokerage - Newton - Centre St. | |||
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