509 Hamlet 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 11, 2025 | Sold | ||
| Sold | |||
| Jan 15, 2025 | In contract | - | |
| In contract | |||
| Dec 12, 2024 | Listed by eXp Realty | $259,000 | |
| Listed by eXp Realty | |||
| | |||
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Built in 2022, this 3-bedroom, 2-bathroom ranch-style home in the heart of Broadway offers modern design and thoughtful functionality. The open kitchen and living concept is perfect for entertaining, featuring granite countertops, a stylish tile backsplash, and LVP flooring in the main living areas. The layout provides privacy with the primary suite positioned away from the two secondary bedrooms, making it ideal for families or guests. Both bathrooms are upgraded with granite countertops, adding a touch of luxury to the home. Additional conveniences include a spacious laundry room. Step outside to enjoy the large backyard, perfect for outdoor gatherings, gardening, or simply relaxing in your own private space. This home's central location in Broadway combines small-town charm with easy access to Raleigh and Fort Liberty.
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| Jun 28, 2022 | Sold | ||
| Sold | |||
| Mar 28, 2022 | Listed by RE/MAX SIGNATURE REALTY | $225,000 | |
| Listed by RE/MAX SIGNATURE REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017