1138 Hover St
About This Property
Enjoy outdoor living with decks off both the kitchen and the primary bedroom, plus a generous backyard complete with mature trees, shrubs, and a privacy fence. Out front, enjoy apples from the apple tree. The attached 2-car garage and convenient driveway turn-off from Hover add to the home's everyday ease and accessibility.
Recent updates include fresh interior paint throughout, new LVP flooring in multiple areas, a new lower-level shower, and a swamp cooler. Located close to schools, parks, and shopping, the home offers both comfort and convenience.
With many improvements already completed, there's still opportunity to add your own finishing touches. Some trim and baseboards are needed, and the decks and backyard could benefit from TLC-reflected in the price. Sold as-is.
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 26, 2026 | Sold | ||
| Sold | |||
| May 7, 2026 | In contract | - | |
| In contract | |||
| Apr 30, 2026 | Price Decreased |
$396,000
↓ $9K
(2.2%) | |
| Price Decreased | |||
| Apr 21, 2026 | Price Decreased |
$405,000
↓ $15K
(3.6%) | |
| Price Decreased | |||
| Apr 17, 2026 | Listed | $420,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017