700 PINE GROVE ROAD
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 |
|---|---|---|---|
| Apr 18, 2025 | Sold | ||
| Sold | |||
| Mar 3, 2025 | In contract | - | |
| In contract | |||
| Mar 1, 2025 | Listed | $400,000 | |
| Listed | |||
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Welcome to this meticulously cared-for, one-owner home located at 700 Pine Grove Road, Hanover, PA. This charming property offers an ideal balance of convenience and tranquility, just minutes from key amenities. Situated only 3 minutes from the MD/PA line and 4 minutes from Long Arm Reservoir, you’ll enjoy quick access to Hanover and Littlestown, with shopping, dining, and other essential services less than 6 miles away. Nature enthusiasts will appreciate the picturesque surroundings, as the property borders the expansive farmland of Hanover Shoe Farms, providing frequent wildlife sightings of deer, foxes, birds, and squirrels. Inside, this 3-bedroom, 2-full-bath home features a spacious, open floor plan. The primary bedroom is a private retreat, complete with a cozy sitting area, walk-in closets, and an en-suite bathroom with both a soaking tub and a separate tub/shower. For those who love extra space, the property includes a massive 30' x 40' detached garage with a 12-ft door, in addition to the attached 2-car garage, perfect for storage or hobbies. This home is truly a haven, offering peace, privacy, and modern comforts in a prime location.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017