5510 Hewitt Drive
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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 |
|---|---|---|---|
| Nov 21, 2023 | Sold | ||
| Sold | |||
| Oct 9, 2023 | Listed by Greenwood King Properties | $325,000 | |
| Listed by Greenwood King Properties | |||
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Great opportunity in Oak Forest West! Welcome to 5510 Hewitt, a striking 3 bedroom/2 bathroom traditional home plus 2 car garage on a beautiful 8,160* sf lot. Features energy efficient windows throughout plus recently updated HVAC system. Nice open floorplan with great natural light is ideal for everyday living and entertaining friends and family. Front room is convenient as a 2nd living space with window treatments in place. Gorgeous granite kitchen with s/s appliances opens to the relaxing and spacious family room. Primary bedroom with 3 closets and bathroom with walk-in shower. Two nice-size secondary bedrooms, hallway bath with shower/tub and multiple storage closets complete this wonderful property. Fabulous fenced backyard includes a large pergola/patio plus plenty of greenspace for all of your outdoor activities. Two car attached garage + extra work/storage area. Close to area freeways, restaurants and business districts w/ a convenient location to downtown. All info per seller
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017