7107 Hemlock LOOP
About This Property
This lovely 3-bedroom, 2-bathroom ready to move in this concrete block home offers great curb appeal in a welcoming neighborhood, conveniently located near schools, shopping, and restaurants. Step inside to enjoy modern updates, beautifully updated bathrooms, quartz countertops in the kitchen, and a split bedroom plan for added privacy. The home features fresh interior paint, a vaulted ceiling, and brand new refrigerator and range.
The spacious backyard is fenced for privacy and includes fruit trees such as guava, mango, orange, lemon avocado and mamei, a shed for extra storage, and a fully covered patio, perfect for relaxing or entertaining. Plus, enjoy peace of mind with a new metal roof in 2024 and fresh exterior paint and interior paint.
Don't miss this gem! Call me today for your private tour.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017