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881 Hancock Street
About This Property
The owners duplex boasts a large living room, spacious suburban style eat in kitchen and 2 full baths. The 2nd level has 3 large bedrooms and a washer dryer. The 2nd unit spans the entire 3rd floor and features 2 large bedrooms and humungous open living room with separate fully equipped kitchen. There is also a W/D on this floor as well. A private patio off the kitchen on the first level. This home is located just 2 blocks from the JMZ train at Halsey St.
Please note all showings are strictly by appointment only including open houses.
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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 |
|---|---|---|---|
| Jun 9, 2022 | Sold | ||
| Sold | |||
| May 9, 2022 | In contract | - | |
| In contract | |||
| May 7, 2022 | Delisted | - | |
| Delisted | |||
| Apr 23, 2022 | In contract | - | |
| In contract | |||
| Mar 30, 2022 | Listed by New York Living Solutions | $950,000 | |
| Listed by New York Living Solutions | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017