3 Hemlock Street
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 30, 2017 | Listed | $225,000 | |
| Listed | |||
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Three bedroom ranch in a well established neighborhood. Newly painted kitchen, living room, sunroom/4 seasons porch, hallway. Brand new carpets installed throughout. New tile flooring in bathroom. Updated lighting in dining area, kitchen and hall way. Tile flooring in kitchen. Wall Central AC make this a comfortable, accessible home for first time home buyers or people looking to downsize. Two car attached garage with access to a full basement. Large, level, corner lot. Partially fenced. Closing contingent upon seller/tenants completion of their new construction home, well underway.The manager has listed the unit size as 1419 square feet.
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| Jul 28, 2017 | Sold | ||
| Sold | |||
| Apr 5, 2017 | Listed by Keller Williams Realty-Metropolitan | $225,000 | |
| Listed by Keller Williams Realty-Metropolitan | |||
| Aug 26, 2011 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017