853 Hemlock Street
About This Property
Nestled in with beautiful old oaks on a quiet street conviently located to everything. Home offers updated kitchen and bath. New electrical panel and ac system. All tile plus almost 600 square feet in your detached garage with hurricane rated door. You will love this sweet friendly little neighborhood, come and see !! Owner is ready to sell, moved out of area for job.
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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