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45 HEMPSTEAD ROAD
About This Property
Step outside to a large, fenced-in backyard complete with storage shed, offering plenty of space for outdoor enjoyment. Also, 1 car garage with electronic garage door opener. Solor panels add energy efficiency and provide long-term savings, making this home both practical and eco-conscious.
Conveniently located within walking distance to schools and close to shopping and major highways, this home is a wonderful opportunity to enjoy easy living with room to grow.
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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 |
|---|---|---|---|
| Jul 7, 2026 | Sold | ||
| Sold | |||
| May 30, 2026 | In contract | - | |
| In contract | |||
| May 17, 2026 | Listed by Corcoran Sawyer Smith - Princeton | $449,900 | |
| Listed by Corcoran Sawyer Smith - Princeton | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017