227 Hancock St #2
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%.
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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 |
|---|---|---|---|
| Jul 2, 2025 | Sold | ||
| Sold | |||
| May 24, 2025 | In contract | - | |
| In contract | |||
| May 20, 2025 | Relisted | $469,000 | |
| Relisted | |||
| May 18, 2025 | In contract | - | |
| In contract | |||
| May 5, 2025 | Listed | $469,000 | |
| Listed | |||
| |||
|
Discover unbeatable value in Everett, just minutes from Boston! This fully renovated, sun-filled 2BR/1BA condo offers style, space & convenience with 1 off-street parking space, central A/C, tall ceilings, recessed lighting & gleaming hardwoods throughout. The open layout is perfect for contemporary living—enjoy a spacious living/dining area that flows into a sleek kitchen w/white shaker cabinets, quartz counters, Samsung SS appliances, gas cooking & French-door fridge w/ice & water. Natural light fill both generously sized bedrooms w/excellent closet space. The spa-like bath, full-size in-unit stackable W/D & Nest Thermostat add comfort. Newer systems: roof, siding, windows, electrical, plumbing & tankless hot water—ALL 5 yrs young. Shared outdoor space is perfect for relaxing or grilling. Super low condo fee, 100% owner-occ, pet-friendly & nothing to do but move in! Prime commuter location near Rte 93, Rte 1 & minutes to Boston. Showings start now—don’t wait, this one will go fast!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/05/2025
|
2 Bed
|
1 Bath
|
865 ft²
|
$469,000
2 Bed
1 Bath
865 ft²
|
$469,000
07/02/2025
|
Jennifer Schneider
Century 21 Elite Realty
| |
|
10/03/2022
|
2 Bed
|
1 Bath
|
868 ft²
|
$419,000
2 Bed
1 Bath
868 ft²
|
$415,000
-0.95%
12/05/2022
|
Jennifer Schneider
Century 21 Elite Realty
| |
|
01/21/2020
|
2 Bed
|
1 Bath
|
868 ft²
|
$399,900
2 Bed
1 Bath
868 ft²
|
$379,000
-5.23%
09/25/2020
|
Jose Milanes
Reliance Realty
| |
|
01/21/2020
|
2 Bed
|
1 Bath
|
865 ft²
|
$429,900
2 Bed
1 Bath
865 ft²
|
$430,000
+0.02%
04/02/2020
|
Jose Milanes
Reliance Realty
| |
|
01/21/2020
|
3 Bed
|
2 Bath
|
1756 ft²
|
$499,900
3 Bed
2 Bath
1756 ft²
|
$490,000
-1.98%
03/03/2020
|
Jose Milanes
Reliance Realty
| |
|
10/25/2018
| |
6 Bed
|
4 Bath
|
3969 ft²
|
$509,000
6 Bed
4 Bath
3969 ft²
|
$400,000
-21.41%
02/26/2019
|
John O'Toole
Olde Towne Real Estate Co.
|
|
06/06/2010
| |
6 Bed
|
2 Bath
|
3969 ft²
|
$270,000
6 Bed
2 Bath
3969 ft²
|
-
-
|
Michael Cullen
Coldwell Banker Realty - Lynnfield
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017