1605 Hanover Road
About This Property
Located in a quiet Burlington neighborhood, THIS IS HOUSE IS READY FOR YOU TO MAKE IT YOUR OWN!
Recent updates include a roof replaced 10 years ago and a new HVAC system installed 5 years ago.
A deep clean has been done to help you get started! Outside, enjoy a spacious, level FENCED backyard with mature trees and a storage shed-Great for relaxing or gardening. PERFECT FOR buyers, downsizers, or investors.
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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 |
|---|---|---|---|
| Dec 5, 2025 | Sold | ||
| Sold | |||
| Nov 5, 2025 | Price Decreased |
$140,000
↓ $30K
(17.7%) | |
| Price Decreased | |||
| Oct 17, 2025 | Listed by Elevation Realty, LLC | $170,000 | |
| Listed by Elevation Realty, LLC | |||
| Jul 29, 2020 | No longer available | - | |
| No longer available | |||
| Jun 22, 2020 | Listed | $105,000 | |
| Listed | |||
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Quaint pristine home situated on a little less than half of an acre of land in an established neighborhood. A major overhaul has taken place in this home. New HVAC, exterior doors, water heater, and new plumbing were installed less than six months ago. The fireplace is closed off and is used for decoration only. Great home for the first-time homebuyer.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017