2827 Hemingway Drive
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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 |
|---|---|---|---|
| Oct 17, 2022 | Sold | ||
| Sold | |||
| Sep 15, 2022 | Listed by Walzel Properties | $1,090,000 | |
| Listed by Walzel Properties | |||
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Unbelievably STUNNING Lakehouse with open water views, private pool, boat dock with boat lift and separate personal watercraft lifts! The water location of your dreams - views of the open lake in the peacefulness of a "no wake" cove. Soak in the saltwater pool in the summer or in the raised hot tub while overlooking the lake or the stars. Inside is light and bright with high ceilings upstairs, a large kitchen that opens to the living and dining areas, and VIEWS from everywhere in the home! Wet bar off of the living area, office area tucked away for privacy. VIEWS in the primary bedroom, HUGE primary bathroom with walk-in shower, jetted tub, and luxurious cabinet space! Downstairs is an additional living area, two secondary bedrooms with their own bathrooms, the laundry and access to two individual garages. Rest easy on the upstairs balcony, the downstairs covered balcony, or walk out to the hammock nestled between the massive shade trees! This is the Lakehouse of your dreams!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017