83 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 |
|---|---|---|---|
| Dec 30, 2021 | Sold | ||
| Sold | |||
| Aug 25, 2021 | Listed by eXp Realty | $899,000 | |
| Listed by eXp Realty | |||
| Apr 7, 2020 | No longer available | - | |
| No longer available | |||
| Feb 13, 2020 | Sold | ||
| Sold | |||
| Dec 13, 2019 | Listed by ELITE Realty Advisors | $224,000 | |
| Listed by ELITE Realty Advisors | |||
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The seller has asked for highest and best offers due Wednesday 1/8 by 4 P.M.Ideal Hanover location. Located on a 1.78 acre lot in an area of larger homes. Large wooded tract to the rear. Expansion possibilities in the basement. Ideal opportunity to gain equity using a renovation loan. Failed septic system. Full pre-approval must accompany all offers.The seller prefers and strongly suggests offers to be submitted by the buyer’s agent using the online offer management system via the link below in firm remarks. A technology fee of $200.00 will apply only if a cooperating broker elects to use the website and their offer is accepted. The buyer is responsible for obtaining the smoke certificate and all finals
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