5 Hemlock Road
About This Property
Move right into this recently renovated home at the top of the Hemlock cul du sac. Situated on almost half an acre, this home was been extensively updated and features many must haves for homebuyers.
As you enter this home, the main level features: an open flow, vaulted ceiling, brick wood burning fire place, large eat in kitchen- with new cabinetry, corian countertops and newer appliances, and an oversized dining room.
The lower level is a perfect and private space for guests or a potential mother daughter; includes a fully outfitted summer kitchen, full bath, playroom, and walk out.
Those who love outdoor entertaining will be delighted by the level yard and brand new deck spanning the entire length of the home.
This home features: 4 BR, 3 BA, brand new siding and windows (2018), brand new three heating and zone central air (2018), two car garage, plenty of storage, new above ground oil tank, and all of the amenities Briarcliff Rec has to offer. Additional Information: Amenities:Guest Quarters,Storage,HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Attached,
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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 |
|---|---|---|---|
| Aug 3, 2018 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed by Iconik Residential LLC | $629,999 | |
| Listed by Iconik Residential LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017