202 Hancock Drive
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 |
|---|---|---|---|
| Dec 31, 2024 | Sold | ||
| Sold | |||
| Nov 19, 2024 | In contract | - | |
| In contract | |||
| Oct 10, 2024 | Listed by Michael Carr and Associates, Inc. | $374,500 | |
| Listed by Michael Carr and Associates, Inc. | |||
| Apr 3, 2024 | No longer available | - | |
| No longer available | |||
| Mar 20, 2024 | Listed by Michael Carr & Associates | $489,900 | |
| Listed by Michael Carr & Associates | |||
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Ranch home in the city limits! Less than one mile from downtown Ellijay...such a rare opportunity! This charming home on the hill sits on a gorgeous corner lot and just feels like home! The house has been lovingly maintained and has a great floor plan! The front of the house features a sunroom for relaxing, out back you will find a beautiful large deck overlooking the peaceful back yard. Enter into the spacious living room with hardwoods and a gorgeous floor to ceiling fireplace w/ built in shelves on both sides! The kitchen features ample cabinet space, and an island separates it from the dining room. On one side of the home, you have a spacious guest suite (or master) w/ walk in closet and ensuite featuring separate vanity. On the other side you will find 2 bedrooms (master and guest) and two additional full bathrooms, as well as large walk-in closet space! Additional storage space under the home is easily accessed via roll up door on the back of the home. The manager has listed the unit size as 1921 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017