637 Hanover Place
About This Property
Outside, you'll discover a spacious private backyard that opens up to picturesque woods. The finished basement complete with laundry and access outside is a valuable addition, offering convenience and endless possibilities. 12min walk to the Pelham train station, 28min to Midtown Manhattan by train. Accessible to all major highways.
Quiet, Classic & Welcoming; 637 Hanover Place... Your New Home Awaits! Additional Information: ParkingFeatures:1 Car Attached,
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017