38 Hemlock Rd
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 |
|---|---|---|---|
| Jun 26, 2017 | Sold | ||
| Sold | |||
| Apr 5, 2017 | Listed by Parkway Real Estate, LLC | $529,000 | |
| Listed by Parkway Real Estate, LLC | |||
| Aug 28, 2009 | Sold | ||
| Sold | |||
| May 21, 2008 | Listed by Coldwell Banker Realty - Arlington | $365,000 | |
| Listed by Coldwell Banker Realty - Arlington | |||
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Sunny bungalow in move-in condition with fresh décor, featuring a maple/Corian kitchen, updated baths, newer windows, & AC. The 2nd-floor expansion, w/ skylights & slanted ceilings, has potential for 2-rm suite with bath. Period details include fireplace, window seat, HW floors, and 8.5 ft ceilings. Bonus: finished playroom/study on lower level. Private fenced yard w/ patio & play area. Garage under. Great location near commuter rail, bus, & choice of schools. AS-IS: price reflects condition.
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| Jun 30, 2003 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017