9 Hanover Drive
About This Property
w/FP. Master bedroom boasts brazillian cherry hardwoods, walk-in closet and en-suite full bathroom. 2 additional spacious bedrooms with bamboo flooring & adjacent beautifully updated full bathroom. Formal L/R & D/R as well. The entire home underwent a major remodel in 2005....new roof, windows, sheetrock, siding, heat, HWH, flooring etc. To appeal to the man of the house, enjoy the 24x36 pole barn with lean to & storage shed, The fenced in yard features a large pavered patio, screened in gazebo & brick BBQ. Nice sized .46-acre lot with oversized asphalt driveway.
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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 |
|---|---|---|---|
| Aug 30, 2019 | Sold | ||
| Sold | |||
| Feb 14, 2019 | Listed by RE/MAX Homeland West | $315,000 | |
| Listed by RE/MAX Homeland West | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017