7191 Hemlock Road
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 |
|---|---|---|---|
| Apr 24, 2025 | Price Decreased |
$399,000
↓ $900
(0.2%) | |
| Price Decreased | |||
| Apr 13, 2025 | Price Decreased |
$399,900
↓ $10K
(2.5%) | |
| Price Decreased | |||
| Mar 28, 2025 | Listed | $410,000 | |
| Listed | |||
| | |||
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This stunning 3-bedroom, 2-bathroom home seamlessly blends style and comfort, showcasing a range of upgrades that make it truly move-in ready. Highlighted by porcelain tile flooring throughout, spacious living areas, and a modern kitchen featuring exquisite quartz countertops, the home is designed for modern living. Key features include a brand new roof (Dec 2024) that ensures longevity, a newly constructed heated pool (2024) equipped with a salt chlorinator for effortless maintenance, and a stylish modern pergola with a summer kitchen, complete with a fridge, keg, and an integrated sound system, perfect for entertaining guests. The fully fenced backyard provides privacy and security, complemented by a new shed (2024) for additional storage and a spacious laundry room for added convenience. Both bathrooms have been tastefully renovated (2024) with contemporary finishes, while energy-efficient upgrades include a new water heater and A/C , as well as impact windows for safety. Each bedroom features spacious walk-in closets, with the master suite boasting two! Ideally located less than 5 minutes from Walmart, Publix, and an array of shops and restaurants, this home encapsulates tranquility and accessibility. Don’t miss your chance—schedule your private tour today!
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| Apr 24, 2023 | Sold | ||
| Sold | |||
| Mar 21, 2023 | Listed by Engel & Volkers Wellington | $285,000 | |
| Listed by Engel & Volkers Wellington | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017