56 MAIN STREET
About This Property
Inside, the home features a traditional layout with a living room, a formal dining area, and a kitchen. Upstairs are three bedrooms and a full bathroom. The exterior has been recently painted and there is a fully fenced yard. A hidden springtime treasure awaits atop the hill, where hundreds of daffodils bloom each year, creating a cheerful path reminiscent of the yellow brick road.
Beyond the home itself, the location is just as inviting. Enjoy close access to the C&O Canal and the Western Maryland Rail Trail, perfect for walking, biking, and outdoor adventures. The heart of Hancock is nearby, with local favorites like Buddy Lou's (a tourist favorite and dog-friendly restaurant), Potomac Diner, parks, and a newly installed splash pad-all contributing to the charm of this small-town gem.
If you're looking for a property with incredible surroundings, and a world of potential, this is the one. Don't miss your chance to breathe new life into this unique home, schedule your tour today!
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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 |
|---|---|---|---|
| Oct 10, 2025 | Sold | ||
| Sold | |||
| Sep 28, 2025 | In contract | - | |
| In contract | |||
| Sep 25, 2025 | Listed by EXP Realty, LLC | $95,000 | |
| Listed by EXP Realty, LLC | |||
| Oct 22, 2022 | No longer available | - | |
| No longer available | |||
| Sep 29, 2022 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017