116 Abbot 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 29, 2024 | Sold | ||
| Sold | |||
| May 15, 2024 | Listed by William Raveis R.E. & Home Services | $2,999,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Nestled in the Phillips Academy area and mere minutes from downtown Andover, this gracious home has been recently renovated & impeccably appointed. From its stately exterior to its refined interior, it exudes quality craftsmanship and unwavering attention to detail. This home has 5 bedrooms including 4 ensuites - one conveniently located on the first floor. The kitchen boasts an oversized island, marble countertops, Subzero refrigerator, breakfast nook and custom bar all overlooking a sunken living room adorned with bespoke cabinetry and FP. The dining room exudes sophistication with its wainscoting, coffered ceiling, and gas FP while the office includes rich mahogany paneled walls and coffered ceiling. A Butlers pantry with w/d hookup leads to the 1/2 bath. Spacious great room with charming cupola is ideal for entertaining. Beautiful staircase leads to unfinished attic for future expansion. A stunning porch w/ mahogany floor and ceiling fans overlooks the beautiful back yard.
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| Oct 16, 2020 | Sold | ||
| Sold | |||
| Sep 10, 2020 | Listed by William Raveis R.E. & Home Services | $1,825,000 | |
| Listed by William Raveis R.E. & Home Services | |||
| Dec 8, 1998 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017