109 Central 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 |
|---|---|---|---|
| Jun 27, 2024 | Sold | ||
| Sold | |||
| May 7, 2024 | Listed by Leading Edge Real Estate | $899,900 | |
| Listed by Leading Edge Real Estate | |||
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Opportunity awaits the discerning buyer to own one of Andover's historic homes! This treasured 1878 Italianate Victorian Colonial in a superb Central Street location sits on a desirable large lot & is prime for renovation. An elegant center entrance welcomes you to grand rooms with high ceilings. The 24' living rm & 21' dinrm each have a fireplace. Large light filled 37' kitchen/famrm space awaits your design. Up the grand staircase are 4+ bdrms (2 are ensuite), 3 full bths & a walkup attic. 2nd staircase leads to the family room. Hardwood flrs thruout. Basement has high ceiling. Easy access to Downtown, Philips Academy & commuter rail. AVIS trail is steps away to hike, fish & kayak! Central Street was voted one of the "20 best streets" in Greater Boston boasting high end historic flare & convenience to everything "Andover": top notch restaurants, schools, shopping, etc. Here's your opportunity to return this Victorian gem to its glory in one of this state's top 5 'hottest' zip codes!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017