8 Ellis Ave
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 25, 2017 | Sold | ||
| Sold | |||
| Mar 30, 2017 | Listed by Compass | $389,000 | |
| Listed by Compass | |||
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You'll love the fantastic location of this great home on a wooded, dead end street in a convenient-to-everything location. Many updates throughout including a newer kitchen with stainless steel appliances, center island, granite countertops and tile floor. Remodeled bathroom with tile, newer heating system and hot water heater, upgraded 200 AMP electrical and hardwoods throughout most rooms. Open plan dining and living room with fireplace. Great screened in porch looks out to a beautifully fenced-in yard with stone patio - perfect for a firepit! The partially finished lower level has a large playroom that could be a 4th bedroom. There's lots of extra storage and a 2-car attached garage. Located a minute away from the Hanover Mall, Trader Joe's, Assissippi Corner and Rte 3 Highway access. Enjoy all that Hanover has to offer at a very friendly price point. Welcome home!
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| Jan 16, 2013 | Sold | ||
| Sold | |||
| Sep 6, 2012 | Listed by Coldwell Banker Residential Brokerage - Norwell | $339,000 | |
| Listed by Coldwell Banker Residential Brokerage - Norwell | |||
| Apr 28, 2006 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017