115 MAIN ST
About This Property
Introducing 115 East Main Street in Hancock an As-Is Charmer. Come see this 3 Bedroom, full bath home, located in downtown Hancock, offering in-town living and all the amenities and conveniences it affords, walking distance. Spectacular wrap around porch partially screened in provides the perfect gathering place for family and friends; The main level offers a traditional floorplan, hardwood floors, wood casement windows, transom, windows, solid wood pocket doors, and a cozy wood stove; Eat-in kitchen equipped with ample cabinetry and access to the screened in porch; Upper level hosts three bedrooms and a full bath; Additional storage space available in the walk-up attic; being offered in its current "as-is" condition. It presents a unique opportunity for those looking to put their personal touch on a property and make it their own!
Home back to the Western Maryland Rail Trail. Walk or bile the trail. Enjoy the C&O Canal.
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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 |
|---|---|---|---|
| Aug 24, 2023 | Sold | ||
| Sold | |||
| Jul 27, 2023 | In contract | - | |
| In contract | |||
| Jul 14, 2023 | Listed by Northrop Realty | $129,900 | |
| Listed by Northrop Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017