902 HANSON STREET
About This Property
Welcome to this beautifully renovated home in the heart of Salisbury, where thoughtful updates and a bright, open layout create the perfect blend of comfort and style.
🏡 Home Highlights:
Spacious Layout: 4 bedrooms and 2 full bathrooms across two levels, ideal for families, guests, or a home office.
Updated Interiors: Freshly finished with neutral tones, luxury vinyl flooring, and abundant natural light.
Stylish Kitchen: Featuring quartz countertops, stainless steel appliances, white shaker cabinetry, and a modern design that inspires both everyday meals and entertaining.
Comfortable Living: Open-concept living and dining spaces for seamless flow, plus updated bathrooms with sleek finishes.
Outdoor Living: Enjoy the large deck and open yard-perfect for gatherings or relaxing evenings.
📍 Prime Location:
Just minutes from Salisbury University, local parks, shopping, and dining. With convenient access to major highways, Ocean City, MD, and the beaches of Delaware and Virginia are less than an hour away.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017