7 Hanover Lane
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 |
|---|---|---|---|
| May 15, 2019 | Sold | ||
| Sold | |||
| Apr 5, 2019 | Listed by John Kontekakis | $386,500 | |
| Listed by John Kontekakis | |||
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A home that has it all- great colonial located in a beautiful sought after neighborhood. This gracious home features a gourmet kitchen with a generous island, stainless appliances, granite countertops and an open concept leading into a dining room complete with custom glass front built-ins, Front to back living room provides more space and loads of sunlight. Hardwood floors throughout the house. Four bedrooms on the 2nd floor highlight ceiling fans & good closet space. Renovated full bath features tile flooring, Kohler jetted tub, wood vanity w/solid surface top. Partially finished lower level includes game room, ¾ bath, cedar closet and plenty of storage in unfinished space. Enjoy the large lot w/its lush plantings, paver hardscapes & plenty of green space for outdoor recreation. Attached 2 car garage w/breezeway offers more storage in attic w/pull down steps. High efficiency boiler ('19), hot water on demand ('11), central air ('07), security & irrigation add to home's appeal.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017