241 Hembree Drive
About This Property
Step outside to enjoy a welcoming front porch, plus a large back porch featuring a wood-burning fireplace-ideal for cozy evenings and entertaining. Sitting on 0.78 acres of unrestricted land, this home offers both privacy and ample space for outdoor activities, all while being just minutes from Sequoyah High School, Dean Rusk Middle School, and a variety of local shops and dining options. With no HOA, Hardie board siding, and a gravel driveway, this home is perfect for those seeking low-maintenance living with room to grow. Thoughtfully designed and meticulously built, this property offers the perfect combination of comfort, style, and location. Don't miss out on this incredible opportunity to make this house your home! Contact our trusted lender Dawn Kendall at Homeowners Financial NMLS 450804
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 5, 2025 | Sold | ||
| Sold | |||
| Mar 18, 2025 | In contract | - | |
| In contract | |||
| Mar 2, 2025 | Price Decreased |
$374,900
↓ $100
(0%) | |
| Price Decreased | |||
| Feb 8, 2025 | Price Decreased |
$375,000
↓ $20K
(5.1%) | |
| Price Decreased | |||
| Feb 2, 2025 | Price Decreased |
$395,000
↓ $20K
(4.8%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017