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940 Hemming Way
About This Property
Enjoy breathtaking 180-degree panoramic views of the mountains and valley from the spacious deck-the perfect place to take in spectacular sunrises with your morning coffee. Inside, you'll find a comfortable and inviting floor plan featuring a bright kitchen with ample cabinetry, convenient pull-out drawers, stainless steel refrigerator and dishwasher, stove, and a separate laundry room complete with washer and dryer.
Stay comfortable year-round with an efficient evaporative cooler, forced-air heating, and a cozy wood-burning stove for chilly winter evenings. Both bathrooms feature extra-deep soaking tubs, creating the perfect place to unwind after a day of exploring the great outdoors.
With convenient parking for four cars, this becomes extra nice.
If you've been dreaming of peaceful mountain living with direct access to the beauty and recreation of the Los Padres National Forest, this home is a
rare opportunity to enjoy the lifestyle you've been looking for.
Virtual tours available upon request.
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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 |
|---|---|---|---|
| Jun 24, 2026 | Listed by Frazier Mt.Real Estate | $265,000 | |
| Listed by Frazier Mt.Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017