115 Corbett 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 |
|---|---|---|---|
| Jul 6, 2016 | Sold | ||
| Sold | |||
| Nov 11, 2015 | Listed by RE/MAX Partners | $220,000 | |
| Listed by RE/MAX Partners | |||
| Mar 9, 2010 | Sold | ||
| Sold | |||
| Sep 25, 2008 | Listed by Hart Of New England Realty | $189,900 | |
| Listed by Hart Of New England Realty | |||
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Over 1 acre high/dry lot w/mature trees. Shawsheen Heights neighborhood. Tucked away off Corbett St, home set back on site. Sewer hookup on Sylvester St, Lawrence w/frontage, permit in hand, buyer to assume cost or use 203K financing to fund. Driveway easement from abutter to buyer for access from Corbett to be recorded with deed. You'll recognize the value instantly and MAKE THIS YOURS! Get Andover schools, huge yard for all kinds of activities. See plot plan for visual reference. 2 or 3 bedrm
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