5603 Hemingway Lane
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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 24, 2025 | Sold | ||
| Sold | |||
| Sep 24, 2025 | In contract | - | |
| In contract | |||
| Aug 7, 2025 | Listed by UTR TEXAS, REALTORS | $995,500 | |
| Listed by UTR TEXAS, REALTORS | |||
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Stunning Home in Master-Planned Meridiana. Exquisite 5-bedroom, 5.5-bathroom, 2-story home offers luxury living in one of the area's most sought-after neighborhoods. Beautiful stone veneer exterior, high ceilings & rich wood flooring inside, every detail has been thoughtfully designed. Spacious layout includes a 3-car garage, private study w/French doors, formal dining & living room, game room w/wet bar & media room. Gourmet island kitchen w/granite countertops, stylish tile backsplash, stainless steel appliances, gas cooktop, double oven, breakfast bar & sunny dining nook. Primary suite w/dual walk-in closets, double vanities, soaking tub & luxurious carwash shower. Outside entertainer’s paradise w/covered patio, outdoor fireplace & full outdoor kitchen. Enjoy resort-style amenities in Meridiana, including a recreation center, café, amphitheater, fitness center, pools, waterpark, sports fields, playgrounds & scenic lakeside trails. Conveniently located near Hwy 288 & Hwy 6
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| Jun 21, 2025 | Listed | $1,200,000 | |
| Listed | |||
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Stunning Home in Master-Planned Meridiana. Exquisite 5-bedroom, 5.5-bathroom, 2-story home offers luxury living in one of the area's most sought-after neighborhoods. Beautiful stone veneer exterior, high ceilings & rich wood flooring inside, every detail has been thoughtfully designed. Spacious layout includes a 3-car garage, private study w/French doors, formal dining & living room, game room w/wet bar & media room. Gourmet island kitchen w/granite countertops, stylish tile backsplash, stainless steel appliances, gas cooktop, double oven, breakfast bar & sunny dining nook. Primary suite w/dual walk-in closets, double vanities, soaking tub & luxurious carwash shower. Outside entertainer’s paradise w/covered patio, outdoor fireplace & full outdoor kitchen. Enjoy resort-style amenities in Meridiana, including a recreation center, café, amphitheater, fitness center, pools, waterpark, sports fields, playgrounds & scenic lakeside trails. Conveniently located near Hwy 288 & Hwy 6
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| May 16, 2024 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017