12 Hancock Street
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 |
|---|---|---|---|
| Jun 12, 2024 | Sold | ||
| Sold | |||
| May 7, 2024 | Listed by Leading Edge Real Estate | $749,000 | |
| Listed by Leading Edge Real Estate | |||
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Fantastic opportunity to own this 4-5 Bed 2 Full bath colonial in a great location. Close proximity to town center, train station, schools, parks and all that Reading has to offer. The main level highlights include hardwood flooring throughout the spacious fireplaced living room, formal dining room with hutch, and a home office/first floor bedroom. Eat-in kitchen is ready for a makeover and the full bath has been updated. Upstairs offers 4 generously sized bedrooms and a full bath. The lower level features a large area perfect for a family room, separate laundry area, and plenty of storage. Brand new updated heating system and hot water tank. 1 car attached garage. Enjoy warmer months on the back deck overlooking the large backyard. Do not miss your opportunity to make this your own!!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017