603 Hemlock Dr
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 |
|---|---|---|---|
| Jul 31, 2024 | Sold | ||
| Sold | |||
| Jul 24, 2024 | In contract | - | |
| In contract | |||
| Jun 24, 2024 | Listed by RE/MAX Alliance-FTC South | $515,000 | |
| Listed by RE/MAX Alliance-FTC South | |||
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Welcome to 603 Hemlock Dr, a charming property on a desirable corner lot with a spacious wrap-around backyard adorned with mature trees, offering both privacy and natural beauty. This ranch home, free from HOA and Metro District restrictions, features brand new shaker cabinet doors, and newer Pergo waterproof LVP flooring throughout. The remodeled primary bathroom boasts modern fixtures and is perfect for main floor living. The large patio, shaded by mature trees, provides an ideal outdoor lounging space, while the professionally landscaped yard enhances the home's curb appeal. Additional conveniences include an 8" x 14" storage space and a convenient kitchen pantry. Located within walking distance to Eastman Park and the public library, and just minutes from the new Windsor Lazy River, Pelican Lakes, Highland Meadows, Farmers Market, and more, this home offers unparalleled accessibility to local attractions. The fully finished basement adds even more living space with a full bath featuring an upgraded jet bathtub for a spa-like experience , rec room, and extra bedroom. The roof is only two years old, and radon mitigation is in place for your peace of mind. Don't miss out on this exceptional property - this one won't last!
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| Apr 15, 2013 | Sold | ||
| Sold | |||
| Dec 14, 1998 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017