229 HANNES STREET
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 |
|---|---|---|---|
| Mar 16, 2026 | Sold | ||
| Sold | |||
| Dec 16, 2025 | Listed by Heymann Realty, LLC | $635,000 | |
| Listed by Heymann Realty, LLC | |||
| Nov 7, 2025 | Listed | $645,000 | |
| Listed | |||
| | |||
|
Nestled in a serene neighborhood, this exquisite ranch-style residence offers a harmonious blend of comfort and convenience. Built in 1962, this charming brick home has been thoughtfully designed to cater to a luxurious lifestyle while maintaining a warm and inviting atmosphere. With six generously sized bedrooms and three full bathrooms, this home provides ample space for your family or renting out the basement. The fully finished basement, complete with three legal bedrooms and outside/independent entrances, and wet bar offers endless possibilities-whether it be additional living space or as in laws. The heart of the home is undoubtedly the living area, where natural light pours in through large windows, creating a bright and airy ambiance. The seamless flow from room to room invites you to explore every corner, while the thoughtful design ensures that each space feels intimate and welcoming. The kitchen with new cabinets, white quartz countertop, and stainless appliances is inviting for cook lovers. The adjoining dining area is perfect for hosting elegant dinner parties or casual brunches, making every meal a special occasion. Outside, the property boasts a manageable lot size of 0.15 acres, providing just the right amount of outdoor space for gardening, playing, or simply enjoying the fresh air on the deck. The brick exterior not only adds to the home's timeless appeal but also ensures durability and low maintenance. This residence is more than just a home; it's a lifestyle. Enjoy the tranquility of suburban living while being just a short drive away from vibrant city amenities. Whether you're seeking a peaceful retreat or a place to entertain, this property offers the best of both worlds. With its rich character and high-end features, this home is a rare find that promises comfort, elegance, and a sense of belonging. Experience the joy of living in a space that truly feels like home, where every detail has been curated for your enjoyment. Don't miss the opportunity to make this exceptional property your own.
| |||
| Oct 11, 2025 | Listed | $649,000 | |
| Listed | |||
| | |||
|
Nestled in a serene neighborhood, this exquisite ranch-style residence offers a harmonious blend of comfort and convenience. Built in 1962, this charming brick home has been thoughtfully designed to cater to a luxurious lifestyle while maintaining a warm and inviting atmosphere. With six generously sized bedrooms and three full bathrooms, this home provides ample space for your family or renting out the basement. The fully finished basement, complete with three legal bedrooms and outside/independent entrances, and wet bar offers endless possibilities-whether it be additional living space or as in laws. The heart of the home is undoubtedly the living area, where natural light pours in through large windows, creating a bright and airy ambiance. The seamless flow from room to room invites you to explore every corner, while the thoughtful design ensures that each space feels intimate and welcoming. The kitchen with new cabinets, white quartz countertop, and stainless appliances is inviting for cook lovers. The adjoining dining area is perfect for hosting elegant dinner parties or casual brunches, making every meal a special occasion. Outside, the property boasts a manageable lot size of 0.15 acres, providing just the right amount of outdoor space for gardening, playing, or simply enjoying the fresh air on the deck. The brick exterior not only adds to the home's timeless appeal but also ensures durability and low maintenance. This residence is more than just a home; it's a lifestyle. Enjoy the tranquility of suburban living while being just a short drive away from vibrant city amenities. Whether you're seeking a peaceful retreat or a place to entertain, this property offers the best of both worlds. With its rich character and high-end features, this home is a rare find that promises comfort, elegance, and a sense of belonging. Experience the joy of living in a space that truly feels like home, where every detail has been curated for your enjoyment. Don't miss the opportunity to make this exceptional property your own.
| |||
| Jun 3, 2025 | Sold | ||
| Sold | |||
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About Kemp Mill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017