3840 W Hemlock Street
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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 |
|---|---|---|---|
| Sep 25, 2020 | Sold | ||
| Sold | |||
| Apr 13, 2020 | Listed by Better Homes and Gardens Real Estate Property Shoppe | $1,850,000 | |
| Listed by Better Homes and Gardens Real Estate Property Shoppe | |||
| Mar 29, 2019 | Sold | ||
| Sold | |||
| Jan 23, 2019 | Listed by Compass | $1,650,000 | |
| Listed by Compass | |||
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Down channel Southern facing view!! This waterfront home in Mandalay Bay embodies casual California living. Completely reimagined, this home welcomes you with soaring vaulted ceilings and captivating views with desirable exposure. The living and dining area seamlessly blend with an open concept kitchen featuring custom cabinetry and large center island with Quartz countertops. Experience indoor-outdoor living through accordion doors onto an oversized deck with a 35'+ boat dock on calm waters ideal for paddleboarding, kayaking, leisurely trips to harbor restaurants, and sunset cruises. Accessible first-floor bed and bath with walk-in shower. Escape upstairs to the master suite with walk-in closet, spa-like bath with dual vanity, marble counters and soaking tub. Also features professional theater room, stainless steel entry gate, and expansive guest suite. Situated walking distance from parks, restaurants, and markets and within a short drive to beaches and renowned surfing.
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| Dec 2, 2018 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017