7050 Hanover Road
About This Property
1140sqft, 3 bedroom, 1 bath w/ 1st fl laundry & full basement w/ potential to finish. .60 acre lot. Natural Gas, cable internet. Kinetico water softener, stainless steel appliance package, French door fridge, gas stove, dishwasher, built in microwave, front load washer & gas dryer. Recent updates include; Windows, doors, siding & kitchen in 05/06, Roof in 07. Bathroom & plumbing throughout in 13. 11.5x18 lifetime shed in 14
High efficiency Trane Furnace & Central air in 15. 24x32 heated pole barn w/ 10' ceilings and 12x24 covered patio in 16. Deep well in 18! ...and more!
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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 15, 2021 | Sold | ||
| Sold | |||
| Sep 22, 2021 | Listed by C-21 Affiliated - Jackson | $189,500 | |
| Listed by C-21 Affiliated - Jackson | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017