516 Hedgerow Way
About This Property
Roof, prior to their purchase 5 yrs
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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 |
|---|---|---|---|
| May 24, 2024 | Sold | ||
| Sold | |||
| Apr 20, 2024 | In contract | - | |
| In contract | |||
| Apr 11, 2024 | Listed by RE/MAX ALLIANCE | $557,000 | |
| Listed by RE/MAX ALLIANCE | |||
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We are proud to present this lovely 2 story home in one of Brighton's most desirable subdivision's, Brighton East Farms. This is a must see corner lot which offers a fabulous open floorplan. Main level features new LVP flooring, new paint and new trim. Large kitchen has granite countertops, an island, oak cabinets, stainless steel appliances, pantry and a eat-in space leading out to a large paver patio with for outdoor enjoyment. The formal living/music room, family room and dining rooms are light and bright. Upstairs you will find 3 bedrooms, with primary having a 5 piece en-suite bath and a walk in closet. Large unfinished basement w/rough in and loads natural light. The 3 car garage side load garage and charming front porch add to curb appeal and charm. New french drains outside, along with new exterior paint (2 yrs). Water heater is just 3.5 years old. The neighborhood has it all; parks, trails, various shops and eateries, Barr Lake is near within 15 minutes you can enjoy all that Brighton has to offer! This is a quick commute to DIA and only 30 minutes to Flatirons.
Roof, prior to their purchase 5 yrs
| |||
| Apr 26, 2019 | Sold | ||
| Sold | |||
| Mar 11, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017