Lot 11 Empire Drive
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 |
|---|---|---|---|
| Nov 17, 2011 | Sold | ||
| Sold | |||
| Jan 3, 2011 | Listed by Coldwell Banker Realty - Andover | $399,900 | |
| Listed by Coldwell Banker Realty - Andover | |||
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New Construction: Willow Plan offers an open concept kitchen family room. Cathedral ceiling in family room, Bosch SS appliances, central air, hardwood floors on 1st flr, separate laundry room on 2nd floor, 40 year architectural shingles. Upgrade options available: granite countertops with undermount sinks, gas fireplace, 9' ceilings on first floor, etc ENERGY STAR HOME. ALREADY 50% SOLD! Located in North Andover's newest neighborhood. FRANKLIN SCHOOL DISTRICT. DIRECTIONS-use 815 Chestnut St.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017