11405 Karen Drive
About This Property
The septic system was replaced less than 4 years ago.
The home is located in a super convenient area, just a short drive to shopping, restaurants, and easy access to Interstates 95 and 295, making commuting a breeze. Nestled in sought-after Hanover County, this property offers a fantastic opportunity for anyone looking to enjoy a little extra space while staying close to modern conveniences. With a little vision, this home can be transformed into your perfect retreat. Schedule your showing today and come see all the potential this property has to offer! Bring Offers!
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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 |
|---|---|---|---|
| Jan 12, 2026 | Sold | ||
| Sold | |||
| Dec 7, 2025 | In contract | - | |
| In contract | |||
| Dec 2, 2025 | Listed by Metro Premier Homes LLC | $335,000 | |
| Listed by Metro Premier Homes LLC | |||
| Nov 21, 2025 | Price Decreased |
$335,000
↓ $14K
(4%) | |
| Price Decreased | |||
| Sep 22, 2025 | Price Decreased |
$349,000
↓ $30K
(7.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017