31 Davis St
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 |
|---|---|---|---|
| Jun 6, 2025 | Sold | ||
| Sold | |||
| Apr 9, 2025 | In contract | - | |
| In contract | |||
| Mar 30, 2025 | Listed | $599,000 | |
| Listed | |||
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Stylish ranch in the heart of Hanover. This home boasts an open floor plan with 3 bedrooms and 1 bathroom. The bright and airy living room has an electric fireplace and accent wall. The kitchen with granite counters and stainless steel appliances is steps from the level backyard, which is perfect for entertaining. The bathroom has updated shower tile and plumbing. The home also has some recent updates including the roof (2022) and fenced yard (2022). The home is located on cul-de-sac minutes from restaurants, shopping, and the highway. This turn-key property is a must see. All showings start on April 5th (11-1) and 6th (12-2) at the open houses.
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| Jun 9, 2022 | Sold | ||
| Sold | |||
| Apr 27, 2022 | Listed by Coldwell Banker Realty - Norwell | $495,000 | |
| Listed by Coldwell Banker Realty - Norwell | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017