128 Phillips Street
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 |
|---|---|---|---|
| Jan 11, 2018 | Sold | ||
| Sold | |||
| Oct 12, 2017 | Listed by Centre Realty Group | $195,000 | |
| Listed by Centre Realty Group | |||
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This South Lawrence cape has been in the same family since it was built back in 1945 and is just waiting for the right person to add their own touch. The property abuts the recently built South Lawrence East Middle School athletic fields. Nice two bedroom home with gas heat. Fenced in yard. Conveniently located just minutes from the shops and restaurants of Andover and North Andover, as well as easy access to Rtes. 28, 114 and 495. Don't miss this opportunity to stop renting and start building equity in your own home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017