4643 Hedgewood 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 |
|---|---|---|---|
| Feb 15, 2022 | Sold | ||
| Sold | |||
| Dec 3, 2021 | Listed by Jaqua Realtors | $449,000 | |
| Listed by Jaqua Realtors | |||
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Custom built by David Meier Construction nestled on a nearly 1 acre, cul-de-sac lot w/ sidewalks. Fabulous features include cedar siding, up to 6 bedrooms, office/den, 3 1/2 baths, fireplace, finished basement, brand new carpet, refreshed hardwood floors & a shed. The main floor offers an open floor plan with blonde wood, an office/bedroom, walls of windows, great angles, open foyer & 2 sets of sliding patio doors. The upstairs features the primary suite with spacious jetted tub, shower & huge closet. 3 additional upper bedrooms are generous size and the open mezzanine over looks the main level. The basement features a 5th bedroom w/egress window, washer/dryer & plumbed for kitchenette. Room for a POOL. Great Lakeshore location near Lake Michigan Beaches, schools & grocery stores.
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| Sep 1, 2021 | Listed by Cressy & Everett Real Estate | $449,000 | |
| Listed by Cressy & Everett Real Estate | |||
| Oct 4, 2018 | Sold | ||
| Sold | |||
| Jul 25, 2018 | Listed by Cressy & Everett Real Estate | $349,900 | |
| Listed by Cressy & Everett Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017