863 Hempstead Drive
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 |
|---|---|---|---|
| Mar 16, 2022 | Sold | ||
| Sold | |||
| Feb 16, 2022 | Listed by Dream Work Realty | $269,900 | |
| Listed by Dream Work Realty | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jun 4, 2021 | In contract | - | |
| In contract | |||
| May 28, 2021 | Listed by Dream Work Realty | $275,000 | |
| Listed by Dream Work Realty | |||
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Lovely one story home with beautiful View and Pool! Extra large front patio, unlike most homes in the neighborhood, is perfect for relaxing or entertaining! Foyer, living room with wall of windows, and dining room all with high ceilings. Then to a bright, sizable eat-in kitchen with breakfast bar, stainless steel appliances, loads of counter space topped with attractive Silestone! Den with fireplace! Good-sized master bedroom; bathroom with two sinks and separate shower and tub. Immense backyard with Pool and View, large lot lends itself to lots of possibilities; use your imagination!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017