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34 Hemlock Drive
About This Property
Looking for the perfect blend of comfort, space, and convenience? This gorgeous ranch-style home sits on a half-acre lot with plenty of room to relax, entertain, and enjoy the great outdoors. Featuring a spacious, open-concept design ideal for family gatherings and cozy nights in, this home also boasts a 4-car garage-perfect for car enthusiasts, extra storage, or a home workshop. The expansive yard offers ample space for gardening, outdoor activities, or even a future pool, all within a peaceful and private setting where you can enjoy the tranquility of nature while staying close to town. Don't miss this rare opportunity to own a home with all the space you need inside and out. This one won't last long!
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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 6, 2025 | In contract | - | |
| In contract | |||
| May 28, 2025 | Price Decreased |
$399,900
↓ $49K
(10.9%) | |
| Price Decreased | |||
| May 13, 2025 | Price Decreased |
$449,000
↓ $50K
(10%) | |
| Price Decreased | |||
| Mar 4, 2025 | Listed by Netter Real Estate Inc | $499,000 | |
| Listed by Netter Real Estate Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017