5 Hinchcliffe 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 |
|---|---|---|---|
| Oct 16, 2020 | Sold | ||
| Sold | |||
| Jul 2, 2020 | Listed by John J Lease REALTORS Inc | $369,000 | |
| Listed by John J Lease REALTORS Inc | |||
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Ok, don't fight over this kids, this is the most sought after type of home in Orange County right now. Your basic 'cream-puff' where the owner just did too much, it's wicked clean and sweetly priced. Hinchcliffe Estate is a leafy 50-home neighborhood with massive trees that's enchanting and sits high on Fostertown Hill. A traditional layout but with some real surprises. Yes there's a fireplace & a family room off the granite counter-topped kitchen, yes there's 4 bedrooms & 2 renovated full baths upstairs. But there's also a wonderful basement family room, a workout room and an additional room to store a teenager. New windows throughout, a whole-house generator & a rear deck that runs the full length of the back of the house. Add to that award-winning Newburgh Schools, which we love & this home is truly move-in condition. The owner is leaving all top quality appliances, window treatments, & electric garage door opener.
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| Sep 16, 2003 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017