40 Hemlock Park 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 |
|---|---|---|---|
| Nov 18, 2025 | Sold | ||
| Sold | |||
| Oct 9, 2025 | In contract | - | |
| In contract | |||
| Oct 3, 2025 | Listed by Keller Williams Realty North Central | $945,000 | |
| Listed by Keller Williams Realty North Central | |||
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Custom 4-bedroom Cape, close to Gibbet Hill on a quiet dead-end street, offers exceptional FIRST-FLOOR living! From the rocking chair front porch, step into a freshly painted open design with hardwood floors & views through the home to the back screened porch. A vaulted family room boasts built-ins, shiplap, & a reclaimed mantel with gas fireplace. The cook stays connected in the spacious kitchen w/newer appliances, THERMADOR gas cooktop, black honed granite, & full walk-in pantry with a HIDDEN grocery door from the heated two-car garage. The private owner’s suite features a walk-in closet and custom-tiled bath with step-in shower, radiant floor, & laundry closet. Two bedrooms & another tiled bath complete the level. Upstairs is a 4th bedroom with walk-in closet & storage, plus access to a HUGE attic with expansion potential! A FULL basement offers more options. The 2.5+ acre lot includes a horseshoe drive, mature trees, private backyard, & meadow near Groton center, Routes 3 & 495!!
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| Jun 22, 2022 | Sold | ||
| Sold | |||
| May 25, 2022 | Listed by Barrett Sotheby's International Realty | $719,000 | |
| Listed by Barrett Sotheby's International Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017