320 Hanover Street
About This Property
First time on the market since 1951! Immediately when you walk in you will see the charm and charter the home has throughout. 3 BR/ 1 BA home situated on almost 3 acres. Main level bedroom with walk-in closet, bathroom and laundry room. Lovely handmade kitchen cabinets, eat-in area and formal dining area with floor to ceilings built-ins. Great size mudroom and beautiful 3 season room. 2 bedrooms upstairs offering hardwood floors and gathering/hangout area. Great basement with cement floors for storage. Detached garage with covered porch and shed in the backyard. One of the biggest lots in the Village of Concord!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 31, 2024 | Sold | ||
| Sold | |||
| Jul 8, 2024 | In contract | - | |
| In contract | |||
| Jun 28, 2024 | Listed by ERA REARDON REALTY, L.L.C. | $157,000 | |
| Listed by ERA REARDON REALTY, L.L.C. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017