57
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1 Ripley
About This Property
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 29, 2026 | Price Decreased |
$1,195,000
↓ $100K
(7.7%) | |
| Price Decreased | |||
| Sep 9, 2026 | Listed by Snyder Donegan Real Estate Group | $1,295,000 | |
| Listed by Snyder Donegan Real Estate Group | |||
| Aug 7, 2026 | Price Decreased |
$1,339,000
↓ $60K
(4.3%) | |
| Price Decreased | |||
| Jun 9, 2026 | Listed by LindeMac Real Estate | $1,399,000 | |
| Listed by LindeMac Real Estate | |||
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NEW PRICE! - Rarely available in one of Hanover’s most coveted in-town locations, this charming Gambrel Colonial offers the perfect blend of classic 1920s character, thoughtful updates, and unbeatable convenience. Tucked on a quiet street of only four homes on the edge of downtown Hanover, 1 Ripley Road is just moments from Main Street, Dartmouth College, local shops, restaurants, cafés, and all that Hanover has to offer within walking distance. Filled with wonderful natural light due to its excellent southern exposure, the home features three bedrooms, one and a half baths, hardwood flooring throughout, and a warm, inviting layout. The cozy living room includes a wood fireplace, while the dining room off the kitchen showcases a classic 1920s built-in adding timeless charm. The sunroom/family room offers a bright and comfortable additional living space, while the walk-out basement provides laundry, generous storage, a workout area, and office space, adding valuable flexibility to the home. Recent improvements include refinished first-floor flooring in 2020, all-new sunroom windows and fully refurbished first-floor windows with a second pane of glass and new seals in 2021. In 2022, the kitchen and first-floor bathroom were beautifully redone, and all appliances were replaced, offering the ease of modern updates while preserving the home’s original character. A truly special Hanover offering, this property combines charm with modern updates, light, privacy, and a prime walk-to-town location in a way that is increasingly hard to find.
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| Oct 26, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017