5840 Danforth Court
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 |
|---|---|---|---|
| Apr 6, 2022 | Sold | ||
| Sold | |||
| Feb 23, 2022 | Listed by Hometown Real Estate Group LLC | $350,000 | |
| Listed by Hometown Real Estate Group LLC | |||
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This beautiful ranch home sits in a quiet cul-de-sac. House completely renovated in 2020. Large sized kitchen with cherry cabinets, crown moldings, stainless steel appliances, large island, granite counter tops. Sliding doors from kitchen leading to nice deck. Hardwood floors throughout. Living room with wood burning fireplace. 2.5 remodeled bathrooms with whirlpool and shower. House was originally 4 bedrooms, one was converted into a 2nd kitchen for an in-law apartment. Easy to revert back. Master bedroom with private bathroom. 2 attached car garage. Conveniently located close to shopping, restaurants, and expressway. This home is move in ready!
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| Apr 30, 2018 | Sold | ||
| Sold | |||
| Apr 18, 2018 | Listed by Royal Family Real Estate | $165,000 | |
| Listed by Royal Family Real Estate | |||
Property Highlights
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About Hanover Park
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Currently no similar homes aroundNearby Rentals
$3,600 /mo
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$3,350 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017