51 Hemlock Circle #38
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 |
|---|---|---|---|
| Jan 30, 2014 | Sold | ||
| Sold | |||
| May 29, 2013 | Listed by Coldwell Banker Realty - Norwell | $445,000 | |
| Listed by Coldwell Banker Realty - Norwell | |||
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No longer subject to owner finding suitable housing. Time to escape all the responsibilities of home ownership! Come see this pristine, understated unit in the highly desirable Walnut Creek over 55, active complex. Numerous upgrades including granite counter tops and stainless steel appliances. This unit affords privacy and a lovely woodland view. Walnut Creek is owner-managed helping to keep condo fees low. Lovely neighborhood ambiance with 2 gracefully, winding roads.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/29/2013
|
2 Bed
|
3 Bath
|
1958 ft²
|
$445,000
2 Bed
3 Bath
1958 ft²
|
$440,000
-1.12%
01/30/2014
|
Robert Salamone
Coldwell Banker Realty - Norwell
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017