42 Hancock Road
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 |
|---|---|---|---|
| Nov 26, 2024 | Price Decreased |
$1,200,000
↓ $138K
(10.3%) | |
| Price Decreased | |||
| Nov 25, 2024 | Sold | ||
| Sold | |||
| Oct 8, 2024 | In contract | - | |
| In contract | |||
| Oct 8, 2024 | Price Increased |
$1,400,000
↑ $200K
(16.7%) | |
| Price Increased | |||
| Oct 3, 2024 | Listed by Keller Williams Elite | $1,200,000 | |
| Listed by Keller Williams Elite | |||
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Open House Saturday October 5th 2-4pm. Franklin Oaks GEM is as close to new construction as you've ever seen, yet with the sprawling level backyard that many new homes would envy! Grand entryway highlights the gleaming hardwood floors and soaring ceilings. Walls of windows bring the light of nature inside the front to back conservatory with vaulted ceilings. Stainless steel premium appliances, plentiful cabinets and a wine fridge bar adorn the granite kitchen. Oversized home office overlooks the backyard with an extended trex deck and patio, all while keeping plenty of room for family activities and even a pool. All bedrooms have private access to full baths. Master suite provides huge walk-in closet, dressing/sitting room and updated glass/tile/granite skylit bath. Partially finished basement is a bonus surprise, handy mudroom leads to the pristine 3 car garage. Town water/sewer, Natural Gas for heat, hot water, cooking and fireplace. Seller will negotiate offers between $1.2M-$1.3M.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017