74 Hempstead Drive
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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%.
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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 1, 2026 | Sold | ||
| Sold | |||
| Apr 16, 2026 | In contract | - | |
| In contract | |||
| Feb 9, 2026 | Listed by Century 21 KR Realty | $589,000 | |
| Listed by Century 21 KR Realty | |||
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This beautifully remodeled house offers spacious living with modern amenities and charming features. As you step into the main floor, you're greeted by an inviting open concept layout, seamlessly connecting the living room, dining room, and eat-in kitchen. The kitchen boasts stainless steel appliances, a central island, granite countertops, and vaulted ceilings, creating a perfect space for entertaining or everyday cooking enjoyment. Four large sliding doors flood the area with natural light and lead out to a generous deck, providing a picturesque view of the fenced backyard, ideal for outdoor gatherings or relaxation. Venturing to the top floor, you'll find two bedrooms, a full bath, and a luxurious primary bedroom complete with its own ensuite bath, offering privacy and comfort. The lower level of the house offers additional living space, featuring a cozy den, an office for remote work or study, another full bath, and an extra bedroom, ensuring ample room for everyone in the household. Throughout the home, gleaming hardwood floors add warmth and elegance, while recessed lighting illuminates each room with a modern touch. Skylights in the kitchen bring in even more natural light, creating a bright and airy atmosphere. With its thoughtful design, convenient amenities, and charming details, this home promises to be a welcoming and comfortable retreat for you and your family. Make this your new home.
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| Feb 7, 2024 | Sold | ||
| Sold | |||
| Apr 6, 2023 | Relisted | $489,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017