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15520 HANOVER PIKE
About This Property
Inside, this spacious home offers the perfect blend of character and functionality. The main level features a welcoming sun porch overlooking the backyard, a full bathroom, an updated kitchen with a center island, a dining room with a cozy fireplace, and a generous living room designed for entertaining and everyday living. Upstairs, you'll find four bedrooms, including a spacious primary suite complete with an en suite bath and walk-in closet. A walk-up attic provides abundant storage, while the partly finished basement adds even more flexible living space with a large family room, fireplace, laundry area, and room to make your own.
Just steps from the home, the detached two-car garage offers an ideal workshop, ample parking, and additional storage on the upper level. Combining timeless charm, practical living spaces, and three beautiful acres rich in history and possibility, this is a property you'll want to experience for yourself.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017