111 Heritage Way
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 |
|---|---|---|---|
| Apr 29, 2024 | Sold | ||
| Sold | |||
| Mar 20, 2024 | In contract | - | |
| In contract | |||
| Feb 28, 2024 | Listed by RE/MAX Platinum | $699,900 | |
| Listed by RE/MAX Platinum | |||
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Welcome to this gracious oversized 3 bedroom, 3 bathroom Raised Ranch style home located in the heart of Hanover! The first floor offers an open floor plan with a large living room, kitchen with center island and dining area and a gorgeous Sun Room that's perfect for enjoying your morning coffee. The spacious lower level has much to offer including a bonus family room, wet bar area, full bath/laundry room, and a slider to the backyard, which is perfect for hosting large family gatherings! Hanover is a vibrant and welcoming community known for its natural beauty, excellent schools, and convenient location (about 25 miles from Boston) making it an attractive place to live, work, and raise a family on the South Shore!
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| Aug 3, 1998 | Sold | ||
| Sold | |||
| Jul 1, 1991 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017