641 Hanover St
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 27, 2024 | Sold | ||
| Sold | |||
| Aug 16, 2024 | In contract | - | |
| In contract | |||
| Jul 16, 2024 | Relisted | $300,000 | |
| Relisted | |||
| Jul 9, 2024 | In contract | - | |
| In contract | |||
| May 28, 2024 | Listed by Keller Williams South Watuppa | $520,000 | |
| Listed by Keller Williams South Watuppa | |||
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Charming & spacious colonial located in the Highland section of Fall River. Walking distance to Highland & North Parks & less than 2 miles from the new MBTA station. Original lighting fixtures, detailed moulding, fluted columns, stained glass & leaded glass windows. Other features include pocket doors from dining room to living room & foyer; large slate sink in kitchen (with a second sink in the pantry); built-in mahogany & lead glass cabinet in dining room, laundry chute on each floor emptying into basement. Many windows bring natural light throughout the house. High ceilings! (9'-1st floor; 8.5'-2nd floor) 12 closets located on 2nd & 3rd floors. A full bathroom can be added to the 3rd floor where there are 2 rooms for potential living quarters. Upgrades & replacements include Buderus boiler, driveway, roof, gutter helmet/downspouts, water lines in basement & cast iron plumbing stack replaced with PVC for each bathroom. Nicely landscaped yard with perennial gardens. Simply charming!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017