24 Hemlock Terrace
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 |
|---|---|---|---|
| Jul 14, 2010 | Sold | ||
| Sold | |||
| Jun 3, 2009 | Listed | $214,900 | |
| Listed | |||
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Stunning waterviews from most points on this private waterfront lot. House is in need of TLC. Open livingm/diningrm w/stone FP & French doors out to screened porch. Part of Hickory Hills Lake Assoc which has 3 beaches (one is a short walk). Every room has a window (incl bath) all with waterviews. Master bedrm faces frontage on the lake. Terrific retreat for the fisherman, artist, writer or musician. Being sold as is where is. Buyer assumed all costs to replace septic system.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017