601 Hanover Drive
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 |
|---|---|---|---|
| Sep 4, 2020 | Sold | ||
| Sold | |||
| Jul 10, 2020 | Listed by ERA Central Realty Group - Bordentown | $414,900 | |
| Listed by ERA Central Realty Group - Bordentown | |||
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Make this impeccable three bedroom, 3.5 bathroom Colonial home across from Hanover Golf Club in desirable Hanover Hills your today! Picture yourself on your rocking chair front porch (not that you need it) overlooking the 630-yard 18th fairway. Beautiful North Hanover Township boasts the lowest property taxes in the region, and is part of the Northern Burlington County school district. After ascending the front porch and entering this home you will immediately be impressed by the quality cherry hardwood floors that flow throughout, sans the bathrooms and laundry room, where there is tile flooring.The stairway to the second floor is on your left, and a living room on your right. The eat-in kitchen with stainless steel appliances and connected dining room overlook the nicely landscaped backyard and patio. Further to the right on the main floor you will find the fabulous family room that has a stunning floor-to-cathedral ceiling stone fireplace with a large gas firebox. This 29x16 grand room also boasts skylights, a huge picture bay window that has the view of the golf course, and beamed cathedral ceilings. There is a slider from this room to the back patio. Upstairs, two of the bedrooms, including an enormous master suite, have their own full bathrooms. There is a third full bathroom upstairs, too. The full attic is accessed via pull down stairs in the hallway. This home also features a main floor laundry room and plenty of closet space throughout. The oversized two-car garage has 11-foot ceilings and a built-in 5x20 concrete ramp leading to the 50 x 27 basement. Outside, a spacious driveway and 30 x 50 newly brick-paved area offer plenty of parking. New septic system installed in 2017. You will enjoy living in this lovely, spacious home and peaceful neighborhood. This one won t last long, so make your appointment today!
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| Aug 30, 2017 | Sold | ||
| Sold | |||
| Apr 7, 2017 | Listed by C21/ Action Plus Realty | $359,900 | |
| Listed by C21/ Action Plus Realty | |||
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Just imagine sitting on your lazy front porch enjoying a refreshing beverage while watching the golfers on North Hanover Golf Course go by. Then upon entering this 3br + office 3 1/2 bath brick front colonial home you will be entranced with the elegant cherry hardwood floors that flow through the entire home. To the right you will be taken with the breathtaking floor to ceiling stone fireplace with wood stove insert.The grand room also boasts skylights, huge picture bay window, beamed cathedral ceilings and sliders to the quaint back patio. Every room has been remodeled/updated to add to the appeal of the home. There is even an over sized 2-car garage with 11'ceilings that also connects to the basement with a cement walkway. Make your appointment today to view this charming and unique home
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| Sep 27, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017