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49 Hemlock Circle
About This Property
The eat-in kitchen has been thoughtfully updated with stainless steel appliances, warm oak cabinetry, and a double sink framed by a large window overlooking the lush backyard. The dedicated laundry room with washer/dryer hookups adds everyday convenience.
All three bedrooms are comfortably sized with hardwood floors and natural light, sharing the full bath with a tub/shower combo.
Outside, enjoy the oversized, partially shaded lot with a covered back deck -- perfect for entertaining or relaxing outdoors -- plus a fire pit area and storage shed. Off-street parking, vinyl siding, and the newer roof help keep maintenance simple.
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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 |
|---|---|---|---|
| Sep 28, 2026 | Sold | ||
| Sold | |||
| Aug 29, 2026 | In contract | - | |
| In contract | |||
| Aug 21, 2026 | Price Decreased |
$189,000
↓ $10K
(5%) | |
| Price Decreased | |||
| Jul 27, 2026 | Relisted | $199,000 | |
| Relisted | |||
| Jul 17, 2026 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017