38 Hemlock Drive
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 |
|---|---|---|---|
| May 2, 2014 | Sold | ||
| Sold | |||
| Mar 6, 2014 | Listed by Coldwell Banker Residential Brokerage - Westwood | $650,000 | |
| Listed by Coldwell Banker Residential Brokerage - Westwood | |||
| Dec 29, 2004 | Sold | ||
| Sold | |||
| Oct 2, 2004 | Listed by Century 21 American Properties | $369,900 | |
| Listed by Century 21 American Properties | |||
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Completely restored antique colonial with wrap-around porch.Fenced rear yard.Gleaming hardwood throughout.Oversized deck. Newer electric, newer windows, newer vinyl siding. Kitchen remodeled and open to dining area with wood stove. All gas. Bright and light. New dishwasher. East Walpole location handy to Bird Park and easy access to major routes yet on side street location. A pleasure to show!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017