4031 N Hempstead Circle
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%.
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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 |
|---|---|---|---|
| Jan 7, 2025 | Sold | ||
| Sold | |||
| Jan 1, 2025 | Listed by Keller Williams La Jolla | $2,795,000 | |
| Listed by Keller Williams La Jolla | |||
| Nov 24, 2023 | No longer available | - | |
| No longer available | |||
| Oct 7, 2023 | In contract | - | |
| In contract | |||
| Sep 29, 2023 | Listed by Keller Williams Realty La Jolla | $2,695,000 | |
| Listed by Keller Williams Realty La Jolla | |||
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Nestled in the heart of north Kensington sits this remarkable 1929 Spanish home that has been meticulously brought into the present day with the highest standards of modern luxury and is one of Kensington's best homes. As you enter the home through the original front door, you're greeted by flawless hardwood floors and a formal living room with exposed wood beams and a grand fireplace that sets the mood for the rest of the home. An elegant archway leads you to the formal dining room accompanied by a stunning sunroom that bathes the space in natural light. Prepare to be astounded as you step into the chef's kitchen. Meticulously designed, it boasts a center island that will make everyone want to gather around. The kitchen features top-of-the-line Wolf and Thermador appliances along with a built-in wine refrigerator and two pull-out refrigerated doors to cater to guests. Adjacent to the kitchen is the family room, featuring yet another grand fireplace and windows that frame a beautifully manicured trellis. Down a sun-drenched hallway, you'll discover the primary suite, a true masterpiece that transports you to a 5-star hotel experience. Your bedroom, framed by dual French doors leading to the pool and immaculate backyard, is a haven of peace and relaxation. The private backyard features a pool/jacuzzi and impeccably landscaped grounds that provide a picturesque backdrop for endless enjoyment. Experience the epitome of Kensington living in this exceptional residence, where timeless elegance meets modern luxury. Paid off solar and too many upgrades to list, one-of-a-kind! The manager has listed the unit size as 2474 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017