5705 HILLMAN Drive
About This Property
Step inside, and you'll immediately notice the fresh paint and brand-new flooring, giving the home a bright, refreshed feel. The layout is functional yet cozy, with ample natural light filling the rooms. Each space feels inviting, ready for you to settle in and make it your own.
One of the standout features of this home is the enclosed back patio-a perfect spot for entertaining guests, hosting barbecues, or enjoying quiet evenings with family. It's a space that seamlessly blends indoor comfort with outdoor charm, adding even more value to this delightful property.
The sturdy brick construction ensures durability and low maintenance years to come. Outside, the yard provides just enough space for a garden, play area, or peaceful retreat, perfect for enjoying the charm of the neighborhood.
This home isn't just a place to live; it's a canvas for your next chapter. Whether you're a first-time buyer searching for the perfect starter home or an investor seeking a reliable addition to your rental portfolio, this property offers opportunity and value.
With its classic character, modern updates, and versatile enclosed patio, this home is ready to welcome its next owner. Come see it for yourself and imagine the possibilitiesyou might just fall in love with its story.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 20, 2025 | Sold | ||
| Sold | |||
| Feb 21, 2025 | In contract | - | |
| In contract | |||
| Feb 18, 2025 | Relisted | $175,000 | |
| Relisted | |||
| Feb 8, 2025 | In contract | - | |
| In contract | |||
| Feb 2, 2025 | Relisted | $190,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017