4545 Hemingway Avenue
About This Property
Welcome to this beautiful, 5 bedroom 2-story home in the highly coveted Prosper ISD! This corner lot which includes a separate entrance Mother N Law suite, will meet your family needs with room to grow. There is a seperate access to the Mother n Law suite which has its own living area, full kitchen, laundry facility and a nice size bed and bathroom. From the front door you will be greeted with high ceilings and ceramic wood tile that leads to your open concept kitchen and Living area! There you will see granite countertops, stainless steel appliances and a gas fireplace. Also on the main floor you will find a bedroom and full bathroom, Large master suite with dual sinks, soaker tub, designer shower and large walk-in closet. From there head upstairs where you will find massive game room, media room and 2 other nice size bedrooms and bathroom. The back yard and covered patio are perfect for entertaining!
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Cap Rate Calculator
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 10, 2022 | Sold | ||
| Sold | |||
| Aug 11, 2022 | Listed by Orchard Brokerage | $599,000 | |
| Listed by Orchard Brokerage | |||
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Welcome to this beautiful Multi Generational home located in Prosper ISD. Sited on a spacious corner lot & equipped with an interior 1-bedroom apartment, this home is sure to check all your boxes! Upon entry you're greeted with high ceilings & ceramic wood tile that leads to the open concept kitchen & living area in the main house. Access to the guest suite situated on the first floor has its own living area, a beautiful open kitchen, laundry closet & sizable bedroom with a full bath is perfect for long term guests. The spacious primary suite with a 5-piece bath & a walk-in closet, recessed lighting & great natural light that flows throughout the home. Upstairs is a generous family room with enough space to make it a game room, a dedicated media room. Upgrades include granite countertops, SS appliances & beautiful subway tile backsplash. The covered patio & private yard await!
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| Jul 15, 2022 | No longer available | - | |
| No longer available | |||
| Jul 12, 2022 | Price Decreased |
$625,000
↓ $20K
(3.1%) | |
| Price Decreased | |||
| Jul 6, 2022 | Price Decreased |
$645,000
↓ $20K
(3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017