115 Beech Hill Road
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%.
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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.
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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 6, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $324,900 | |
| Listed | |||
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Welcome to 115 Beech Hill Road, Andover! A paved driveway leads you to a well built ranch home which sits back from the road, on 5 acres of land. Historic stone walls run through the property with a large, private backyard with plenty of room for gardens. Each level of the home offers wonderful living space, and provides the option for an in-law apartment or possible rental. The 1st floor of the home features an open concept kitchen, dining and sun room that leads to the back deck. The kitchen features granite counter tops and new stainless steel appliances. Hardwood floors run throughout the heart of the home and into the living room and hallway. The living room features a commanding stone hearth and fireplace. Bay windows provide wonderful sunlight, and removing a few trees in the front yard would provide a stunning view of Mt. Kearsarge. A full bath, 2 bedrooms and a spacious master bedroom with 1/2 bath complete the 1st floor. Enter the ground level which features a cute kitchenette, 3/4 bath, another spacious master bedroom, living room and den. The living room mimics the qualities of the 1st floor living room, offering a large hearth with wood stove hook up. The master bedroom has large closets and a private sun room that leads to the back yard. The home has a 1 car garage under, and 2 car detached garage. 5 minutes to Proctor Academy, 45 minutes to the Upper Valley, 35 minutes to Concord.The manager has listed the unit size as 3352 square feet.
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| Apr 30, 2017 | Listed by Coldwell Banker LIFESTYLES | $299,900 | |
| Listed by Coldwell Banker LIFESTYLES | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017