2605 Hanks 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 |
|---|---|---|---|
| Feb 26, 2025 | Sold | ||
| Sold | |||
| Feb 1, 2025 | In contract | - | |
| In contract | |||
| Jan 20, 2025 | Listed by Gann Medford Real Estate | $399,000 | |
| Listed by Gann Medford Real Estate | |||
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Welcome to this beautiful 5-bedroom, 3.5-bath home, perfectly situated on a quiet cul-de-sac. Designed for both comfort and style, this home offers plenty of space for your family and guests to enjoy. The living room features soaring high ceilings, creating an open and airy atmosphere, perfect for gathering and entertaining. Step outside, and you’ll fall in love with the backyard oasis—complete with a sparkling swimming pool and a covered porch that is perfect for relaxing or hosting outdoor get-togethers. This home truly combines elegance and functionality in a peaceful setting. Don’t miss your chance to make it your own—schedule your showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017