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621 HANOVER DRIVE
About This Property
Surrounded by the charm of New Jersey countryside, enjoy nearby horse farms, wineries, breweries, farm stands, and golf courses just minutes away. Inside, soaring vaulted ceilings, skylights, and walls of glass flood the home with natural light and frame tranquil wooded views. Expansive decks surround a heated Gunite pool with integrated jacuzzi, creating seamless indoor-outdoor living.
The home offers five bedrooms, two full baths, and two half baths, including a flexible fifth bedroom with a half bath, separate entrance and deck – ideal for an office, studio, or guest suite. A luxurious primary suite, sun-filled solarium, and two fireplaces – 1 granite surround and the other floor to vaulted ceiling quarried stone - add to the curated design of this home. A gourmet kitchen with commercial-grade appliances and Caesarstone counters elevate the interior with plenty of room for entertaining.
Additional features include a three-car garage, European Amtico flooring, walk-in pantry, basement, irrigation system, fenced pet area, security system, and whole house generator. Enjoy low taxes and access to the Northern Burlington School District. Private, refined, and truly one of a kind – this is the ultimate home for hosting events, or enjoying everyday lavish living.
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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 3, 2026 | Relisted | $873,900 | |
| Relisted | |||
| Oct 3, 2026 | Price Decreased |
$849,000
↓ $25K
(2.9%) | |
| Price Decreased | |||
| Sep 6, 2026 | In contract | - | |
| In contract | |||
| Aug 15, 2026 | Relisted | $899,000 | |
| Relisted | |||
| Aug 15, 2026 | Price Decreased |
$873,900
↓ $25K
(2.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017