42
Map
89 Hancock Street
About This Property
Listed By
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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 21, 2026 | Listed by Barrett Sotheby's International Realty | $4,198,000 | |
| Listed by Barrett Sotheby's International Realty | |||
| Mar 29, 2025 | No longer available | - | |
| No longer available | |||
| Nov 22, 2024 | Price Decreased |
$1,800,000
↓ $125K
(6.5%) | |
| Price Decreased | |||
| Sep 17, 2024 | Price Decreased |
$1,925,000
↓ $125K
(6.1%) | |
| Price Decreased | |||
| Mar 28, 2024 | Listed | $2,050,000 | |
| Listed | |||
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Explore the potential of this spacious 1.26-acre lot, abutting conservation land. The property is an ideal opportunity to create a dream home. Being sold as-is. Lexington is known for its A+ schools, vibrant community & proximity to recreational amenities, such as the Minuteman Bikeway. The New York Times called it, a postcard-perfect town near Boston. WalletHub ranked it in the top 1% of small communities to live in the US. The Boston Globe, per a Stanford study, stated: Lexington students are head-and-shoulders above the rest of the United States.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017