2 Lewin Road #15
About This Property
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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%.
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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.
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 |
|---|---|---|---|
| Oct 2, 2026 | Sold | ||
| Sold | |||
| Sep 21, 2026 | In contract | - | |
| In contract | |||
| Sep 11, 2026 | Price Decreased |
$279,000
↓ $10K
(3.5%) | |
| Price Decreased | |||
| Aug 12, 2026 | Listed by Coldwell Banker LIFESTYLES - Hanover | $289,000 | |
| Listed by Coldwell Banker LIFESTYLES - Hanover | |||
| |||
|
Discover the convenience of downtown Hanover living with this charming one-bedroom, one-bath basement level condominium, ideally located just two blocks from Main Street. Whether you're looking for a low-maintenance primary residence, a Dartmouth area retreat, or an investment opportunity, this property offers an unbeatable location with a short distance to Hanover's shops, restaurants, entertainment, and everyday amenities. Imagine starting your morning with breakfast at Lou's Restaurant, spending the afternoon browsing local boutiques, catching a movie at the Nugget Theater, and ending the evening with a stroll across the iconic Hanover Green under the stars, all just moments from your front door. This thoughtfully designed lower-level unit comes complete with all appliances, including a washer and dryer, making it truly move-in ready. An assigned parking space adds to the convenience, while the prime location near Dartmouth College enhances its long-term appeal for investors seeking a property in one of New Hampshire's most desirable markets. Don't miss this opportunity to own an affordable piece of downtown Hanover.
| |||
| Nov 18, 2019 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/12/2026
|
1 Bed
|
1 Bath
|
768 ft²
|
$289,000
1 Bed
1 Bath
768 ft²
|
$279,000
-3.46%
10/02/2026
|
Hartley White & Co
Coldwell Banker LIFESTYLES - Hanover
| |
|
10/30/2020
|
2 Bed
|
1 Bath
|
963 ft²
|
$320,000
2 Bed
1 Bath
963 ft²
|
$320,000
01/08/2021
|
Susan Zak
Four Seasons Sotheby's Int'l Realty
| |
|
08/26/2019
|
1 Bed
|
1 Bath
|
768 ft²
|
$210,000
1 Bed
1 Bath
768 ft²
|
$200,000
-4.76%
11/18/2019
|
Melissa Robinson
Four Seasons Sotheby's Int'l Realty
| |
|
03/22/2016
|
2 Bed
|
1 Bath
|
827 ft²
|
$240,000
2 Bed
1 Bath
827 ft²
|
$242,200
+0.92%
06/20/2016
|
Linda White
Bean Group / Vermont
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017