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2227 Hanover Drive
About This Property
The beautifully updated kitchen, creating a comfortable blend of style and functionality. The generous living spaces provide plenty of room for everyday living and entertaining. Step outside to enjoy the large pergola, perfect for relaxing or hosting gatherings year-round, while offering two storage sheds for convenient extra storage. Ideally located near grocery stores, local shops, and a variety of restaurants, this home makes everyday errands and dining out a breeze. Families will appreciate the elementary school and neighborhood park just around the corner.
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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 26, 2026 | Price Decreased |
$229,999
↓ $5K
(2.1%) | |
| Price Decreased | |||
| Sep 1, 2026 | Listed by Keller Williams Realty, Waco | $235,000 | |
| Listed by Keller Williams Realty, Waco | |||
| Jan 31, 2026 | No longer available | - | |
| No longer available | |||
| Jan 21, 2026 | Price Decreased |
$229,900
↓ $99
(0%) | |
| Price Decreased | |||
| Nov 21, 2025 | Listed by EG Realty | $229,999 | |
| Listed by EG Realty | |||
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Welcome to this charming 3-bedroom, 2-bath home nestled in an established neighborhood. This property features a spacious layout that’s perfect as-is or full of potential for your personal touch. The kitchen has been beautifully updated with fresh cabinets and wood floors, giving it a warm and modern feel.
Enjoy hosting gatherings or relaxing evenings on the large covered patio—ideal for entertaining year-round. The backyard is a true bonus, complete with brand-new sod for a fresh, clean look and two storage sheds for added convenience.
Conveniently located near grocery stores, local shops, and a variety of restaurants, this home offers everyday ease and accessibility. Plus, with the elementary school and a neighborhood park just around the corner, it’s a great spot for families or anyone seeking a welcoming community.
Whether you're ready to move in or looking to customize, this property is full of opportunity!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017