148 Main 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 |
|---|---|---|---|
| Aug 9, 2019 | Sold | ||
| Sold | |||
| May 19, 2019 | Listed by Success! Real Estate | $269,000 | |
| Listed by Success! Real Estate | |||
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Beautiful, bucolic 1.38 acre residential lot abuts the Briggs Stable land. Close to lovely wooded trails, yet just a short stroll to the picturesque and convenient Hanover Town Center at the intersection of Main and Center Streets. Walk to the historic Stetson House, modern John Curtis Public Library, Center Elementary School, Congregational Church, and more! Hanover has a new state-of-the art High School. Lot abuts a quiet and scenic residential cul-de-sac to the rear. Septic design and perc tests were all done in 08’ by Merrill Engineering to include a five bedroom system (see attached). Lot lines were recently staked and fenced. This is an excellent oversized lot with moderate topography and no wetlands! Lot is situated in a highly desirable part of town and is just a lovely setting to build your dream home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017