2367 HANCOCK DRIVE
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 |
|---|---|---|---|
| Dec 20, 2024 | Sold | ||
| Sold | |||
| Nov 12, 2024 | In contract | - | |
| In contract | |||
| Nov 8, 2024 | Listed by Keller Williams Keystone Realty | $299,900 | |
| Listed by Keller Williams Keystone Realty | |||
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Close enough to everything you need, yet tucked away from the hustle and bustle, the location is truly the best of both worlds. If this neighborhood could talk, it would share stories of close-knit bonds, neighborly warmth, and genuine care. This cozy home features 3 bedrooms, including a spacious primary suite with a walk-in closet and a private ensuite half bath. The full hallway bathroom offers a convenient tub/shower combo. The eat-in kitchen is ideal for both casual meals and entertaining, providing ample space for family gatherings. A beautiful bay window graces the living room, allowing natural light to fill the space. The home could benefit from some cosmetic updates and is priced accordingly, offering the opportunity for you to add your personal touch and build equity with a little sweat. Rest easy knowing the major systems have already been updated, including the roof (2018), hot water heater (2018), HVAC system, and central air conditioner (2012). The backyard is a true highlight, offering privacy with views of serene, open space—perfect for relaxation or outdoor entertaining. With its unbeatable location and potential for improvement, this home represents an incredible value in one of the area’s most desirable neighborhoods.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017