42 Hancock Rd
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 27, 2025 | Sold | ||
| Sold | |||
| Jun 3, 2025 | In contract | - | |
| In contract | |||
| May 28, 2025 | Listed | $849,000 | |
| Listed | |||
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Welcome Home to 42 Hancock Rd in the desirable Lakeside Area of Wakefield. Prime location for this 4 bed, 2 bath home located steps to Lake Q and downtown, easy access to major highways, shopping and dining. This home has been fully remodeled from top to bottom and with no finish left untouched. Open concept kitchen and dining room with beautiful white shaker cabinets, island, quartz counters, tiled backsplash and SS appliances. Living room, Full Bath with tiled shower and tub, primary bedroom with WIC, 2nd bedroom, mudroom attached to 1 car garage and 1st floor laundry round out the main level. The 2nd floor features 2 large bedrooms and remodeled full bath with tiled shower and tub. New Heat Pump provides Central AC and forced air heat, all new plumbing, new 200 amp electrical with new overhead lighting, gleaming hardwood floors and fresh paint throughout.
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| Apr 25, 2025 | Sold | ||
| Sold | |||
| Apr 9, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017