115 Elm 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 |
|---|---|---|---|
| Aug 4, 2025 | Sold | ||
| Sold | |||
| Jul 3, 2025 | In contract | - | |
| In contract | |||
| Jun 25, 2025 | Price Increased |
$899,900
↑ $450K
(100%) | |
| Price Increased | |||
| Jun 20, 2025 | In contract | - | |
| In contract | |||
| Jun 18, 2025 | Listed | $849,900 | |
| Listed | |||
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Stunning 3 bedroom, 1.5 bath colonial, located in Downtown Andover and situated on a beautiful .78 acre lot. The beautiful original pine flooring throughout the house adds to the charm of this property. The kitchen features white cabinetry, stainless steel appliances, granite countertops, and a peninsula. The kitchen opens to a dining area that also has access via a slider to the deck overlooking the backyard. The cozy living room boasts a gas fireplace and a bay window that adds depth and natural light to the space. The playroom is another great space that could be used as an office. The half bath with laundry completes the first floor. On the second floor you will find an impressive primary bedroom with a large dressing room appointed with custom shelving + island. The additional two bedrooms and the tastefully renovated full bath complete the second floor. On the third floor you will find a spacious family room with skylights that could also serve as a 4th bedroom.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017