229 Hanover Place
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 |
|---|---|---|---|
| Aug 23, 2024 | Sold | ||
| Sold | |||
| Mar 25, 2024 | Listed by Malouff Realty, LLC | $319,900 | |
| Listed by Malouff Realty, LLC | |||
| Feb 13, 2019 | No longer available | - | |
| No longer available | |||
| Feb 7, 2019 | Listed | $252,999 | |
| Listed | |||
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This beautiful one-story home features a long entry foyer that looks straight back to the large family room, which is open to the kitchen and dining room. The kitchen features a large center island and a dedicated pantry. The dining room leads out to a relaxing partially covered patio. This home features two secondary bedrooms and a bath in the front of the home, as well as study, and the master bath features a luxury walk in shower with dual vanities. The manager has listed the unit size as 1843 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017