3151 W 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 |
|---|---|---|---|
| Aug 22, 2025 | Sold | ||
| Sold | |||
| Aug 4, 2025 | In contract | - | |
| In contract | |||
| Jul 24, 2025 | Price Decreased |
$739,000
↓ $16K
(2.1%) | |
| Price Decreased | |||
| Jul 9, 2025 | Listed by Coldwell Banker Realty | $755,000 | |
| Listed by Coldwell Banker Realty | |||
| Jun 20, 2025 | Listed | $749,000 | |
| Listed | |||
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Welcome home, this stunning single-story home is located in the desirable Driftwood Swim & Racquet Club community. This beautifully updated home offers 3 spacious bedrooms and 2 bathrooms, ideal for comfortable coastal living.Step inside to find a bright and airy living room with a cozy fireplace, perfect for relaxing evenings. The adjoining family room and dining area create an inviting space for entertaining guests. The updated kitchen features sleek countertops, ample cabinet space, recessed lighting, and stainless steel appliances including an oven, microwave/hood, and dishwasher.Enjoy year-round sunshine in your private backyard retreat, or take advantage of the low HOA dues that provide access to the community pool, tennis courts, and clubhouse.Ideally located close to the beach, shopping, schools, and parks--this home truly has it all. Don't miss your chance to live the California dream!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017