689 New Hempstead Road
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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%.
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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 |
|---|---|---|---|
| Jun 17, 2024 | Sold | ||
| Sold | |||
| May 18, 2024 | In contract | - | |
| In contract | |||
| May 10, 2024 | Listed by Century 21 Full Service Realty | $1,099,000 | |
| Listed by Century 21 Full Service Realty | |||
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On a 1 acre lot, this 4 BR, 3 BA boasts a uniquely large entrance way, distinguishing this home from others in its style. Spacious layout accentuated by cathedral ceilings & recessed lighting, creates an inviting atmosphere. Sliders lead to deck, ideal for dining & enjoying the lush backyard. Living room, features a wood fireplace, offering a warm, inviting space for gatherings. The primary BR includes private BA & customized closet. 4th BR includes a custom-made Murphy bed for flexible living space. Fenced-in yard w/ 20x40 inground pool, water softener, central air. Nest heating system w/ 3 zones for customized comfort, ensures energy efficiency, while solar panels significantly reduce utility costs. Ring doorbell & security system w/ 2 motion detectors, ensure peace of mind. Whether you're basking in the seclusion of your extensive yard, enjoying the comfort of the spacious interiors, or taking a dip in the pool, this home offers a perfect blend of luxury, functionality, and privacy
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| May 1, 2000 | Sold | ||
| Sold | |||
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About New Hempstead
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017