1
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5 Hobson 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 |
|---|---|---|---|
| Jan 30, 2026 | Sold | ||
| Sold | |||
| Nov 21, 2025 | In contract | - | |
| In contract | |||
| Nov 14, 2025 | Listed by The Boston Condo Gallery, Inc. | $725,000 | |
| Listed by The Boston Condo Gallery, Inc. | |||
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This spacious 3+ bedroom home sits on a quiet ¼-acre lot at the end of a dead-end street, just off Route 1—ideal for commuters seeking privacy. Each bedroom offers an en-suite bath and vaulted ceilings. Built by a retired developer, the home features exceptional construction: 2x6 framing, nine heat zones, three 200-amp panels (one per floor), central air, custom siding, copper accents, and more. Some finish work remains (bathrooms, closets, master suite), and all materials needed to complete the project are included. Due to open permits, cash, hard money, or a construction loan will be required. A great opportunity for developers, investors, or buyers looking for exceptional value and customization. No showings; property access allowed only after an accepted preliminary offer, contingent on buyer walkthrough.
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| Nov 15, 2005 | Sold | ||
| Sold | |||
| Sep 21, 2005 | Listed | $329,900 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017