192 Dover Road NE
About This Property
Inside, the open-concept layout showcases wood-wrapped steel beams and wide-plank luxury vinyl flooring through the living, dining, and kitchen areas. The kitchen features an oversized quartz waterfall island, custom cabinetry, a statement range hood, brass fixtures, and brand-new appliances. Recently updated major systems add to the home's appeal.
The massive primary suite features a spacious walk-in closet and a bath with a freestanding soaking tub, dual vanities, and an oversized glass-enclosed shower. Upstairs, two additional bedrooms, a full bath, a kitchen, and a living area provide plenty of room to spread out. Downstairs, a walk-out in-law suite with separate mini splits offers flexibility for extended family or guests.
Outside, a 30-by-50-foot detached shop provides generous room for vehicles, equipment, and projects. Covered porches front and back overlook the surrounding countryside. Approximately 5 miles from I-75 and 15 to 18 minutes from the new hospital, the property pairs a peaceful setting with convenient access.
Tax records reflect the original 1992 build date; the addition was completed in 2025. Buyer to verify all information, including square footage, schools, property features, and the age of appliances and systems.
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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 |
|---|---|---|---|
| Sep 23, 2026 | Listed by Greater Downtown Realty dba Keller Williams Realty | $675,000 | |
| Listed by Greater Downtown Realty dba Keller Williams Realty | |||
| Oct 13, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017