11221 Hanover Courthouse Road
About This Property
While this home has been lovingly lived in for over 20 years, it does need TLC and updates, allowing you the opportunity to breathe new life into it and make it your own. The true beauty of this home lies in its balance of tranquility and convenience. Imagine waking up to a quiet, peaceful neighborhood, yet knowing that everything you need is just moments away. You are minutes from great schools, beautiful parks, and Richmond with its vibrant energy and endless possibilities. Grocery runs are a breeze, and weekends are filled with family adventures at Midway Park or Courtland Farm Park, just a short drive from your doorstep. The easy access to major routes ensures that the city is within reach while you enjoy the calm of your own space.
This isn't just a place to live. It is a lifestyle waiting to be embraced. With room to grow, moments to enjoy, and a location that keeps you close to it all, this home offers the chance to create a life filled with ease, comfort, and joy. It is rare to find such a perfect blend of charm, convenience, and potential. Don't wait. This is a chance to make it yours. Reach out today to schedule a showing and discover the home you have been searching for.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017