170 Old Farm Rd
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 |
|---|---|---|---|
| Nov 26, 2024 | Sold | ||
| Sold | |||
| Sep 25, 2024 | In contract | - | |
| In contract | |||
| Sep 24, 2024 | Relisted | $529,900 | |
| Relisted | |||
| Sep 20, 2024 | In contract | - | |
| In contract | |||
| Sep 12, 2024 | Listed by Conway - Marshfield | $529,900 | |
| Listed by Conway - Marshfield | |||
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Renovation Opportunity in Much sought after Old Farm Rd neighborhood in centrally located town of Hanover. Tremendous curb appeal on almost 1 Acre. Hardwood floors, Slider to Deck off the Dining Room, 2 Fireplaces, Walk out basement to enormous yard. Plenty of room for entertaining. Hanover is home to many shopping choices and highways are nearby for commuting ease. This would be a promising project home in a desirable neighborhood ! Newer replacement windows and dining room slider 2012. Updated Septic system in 1989. Abuts Conservation land. Not in a Flood Zone. Needs work to return this home to it's former glory. The neighborhood would afford an investment into this property. Sold "AS IS ". Sellers reserve the right to accept an offer at any time ! Main photo is a facsimile !
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017