180 Hoffman Street
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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%.
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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.
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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 |
|---|---|---|---|
| Apr 16, 2024 | Sold | ||
| Sold | |||
| Feb 1, 2024 | In contract | - | |
| In contract | |||
| Jan 19, 2024 | Listed by Douglas Elliman Real Estate | $849,000 | |
| Listed by Douglas Elliman Real Estate | |||
| | |||
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Beautiful, updated colonial in the heart of Franklin Square! As you enter through the first floor entry foyer you are welcomed into o a large living room with gleaming hardwood floors, which opens to a formal dining room. A sweet EIK with pantry and access to the yard. King sized primary bedroom, plus another queen sized bedroom and a full bath completes the first floor. The second Floor which has its own entrance, features a large EIK with cathedral ceilings and skylight, massive living room with soaring cathedral ceilings flooded with natural light from the skylight and sliders off to a private balcony. 3 beds- a second primary king bedroom, Queen bedroom and twin bedroom and a full updated bath. Gorgeous brand new flooring. A finished basement features a brand new bath , recreation area, laundry and utilities with its own entrance! Backyard can be your own oasis with new privacy fencing, a semi-inground pool that is a gift, brand new trex decking and patio. detached 1 car garage and a driveway long enough to fit 3 cars. The perfect situation for multi-generational living!
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| Nov 12, 2021 | Sold | ||
| Sold | |||
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About Franklin Square
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$2,975 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017