18 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 |
|---|---|---|---|
| Jul 25, 2024 | Sold | ||
| Sold | |||
| Jun 12, 2024 | Listed by RE/MAX 360 | $589,900 | |
| Listed by RE/MAX 360 | |||
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Located in South Salem between Lafayette & Canal Street, you will find this rare to find single family home. Situated on a 4,486 sq. ft. level lot, this 1,844 sq. ft. property has a good sized backyard for entertainment fun or more parking is desired. Enjoy a front porch that enters into a charming foyer. Beautiful archways around the windows in the Living Room & separate Family Room. There is also a lovely Dining Room space. The kitchen sits in the back of the house w/ 1/2 bath. There is a back hall off the side entry that is a second means to the second level. Your second floor has 3 generous sized bedrooms & an oversized full bathroom. There is a bonus walk up third level that is unfinished but ready to be made into the space you need. Large basement space, plenty of off street parking. Excellent location. Property being sold as is, where is. Appliances being left as a gift.
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| Apr 22, 1987 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017