40
Map
205 Hanover Road
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 |
|---|---|---|---|
| Jun 12, 2026 | Price Decreased |
$679,000
↓ $34K
(4.7%) | |
| Price Decreased | |||
| Nov 17, 2025 | Sold | ||
| Sold | |||
| Sep 23, 2025 | In contract | - | |
| In contract | |||
| Sep 11, 2025 | Listed by Houlihan Lawrence | $699,000 | |
| Listed by Houlihan Lawrence | |||
| | |||
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Experience the best of lakeside living with this exquisite 4-bedroom, 3-bathroom home situated on 0.71 acres of picturesque property. This beautiful residence features a spectacular kitchen designed for the gourmet chef and features additional dining space as well as a large central island that seats 4, perfect for entertaining friends or family while preparing a meal. The welcoming living room features incredible windows to take advantage of the water views. The main floor is complemented by a spacious dining room with vaulted skylit celings, a cozy stone fireplace and French doors to a patio. The private primary suite offers a luxurious retreat with an oversized marble shower, 2 walk in closets and French doors overlooking the serene yard of various fruit trees, vegetable garden and chicken coop providing a tranquil escape. Additional highlights include a spacious finished basement, 2-car garage with Tesla/EV charger, and central air for year-round comfort. Enjoy taking a short stroll to Lake Lillinonah Town Park, Newtown Boat Ramp, and Housatonic Knolls Residents Association offering a private beach, kayak storage, swimming and grilling! (Optional $215 annual membership)
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| Oct 16, 2024 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017