60 Old Town Way
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 6, 2024 | Sold | ||
| Sold | |||
| Oct 8, 2024 | In contract | - | |
| In contract | |||
| Oct 1, 2024 | Listed by RE/MAX Synergy | $649,900 | |
| Listed by RE/MAX Synergy | |||
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***Offer deadline mon Oct 7th 5pm**** First time being offered, this raised ranch in Hanover is packed with features hard to find in today’s market. With a passing Title 5, a new roof from 2020, and a 15-year-young heating system with 3 zones, the big-ticket items are already covered. The main floor has a spacious, open layout, including a kitchen, living room, dining room, and family room with skylights that fill the space with natural light. Need more space? The lower level comes with an in-law setup, complete with 3 additional bedrooms, bringing the total to 6! Located near schools and just minutes from shopping, this home offers even more with a bonus generator hookup for peace of mind, and a whole-house fan to keep you cool during those hot summer nights. The large, fenced-in yard is ideal for summertime get-togethers or added privacy. Plus, you're just 2 minutes from the highway on-ramp, making commuting a breeze. This neighborhood is perfect for walking dogs or biking.
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| Dec 28, 1992 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017