135 Academy 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%.
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 |
|---|---|---|---|
| Oct 8, 2024 | Sold | ||
| Sold | |||
| Sep 4, 2024 | In contract | - | |
| In contract | |||
| Aug 7, 2024 | Listed by William Raveis R.E. & Home Services | $1,399,900 | |
| Listed by William Raveis R.E. & Home Services | |||
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Truly one of the most special properties in North Andover! This remarkable, cottage-style residence, nestled on an incredible, manicured, private acre, in the heart of the Old Center, blends old world craftsmanship and elegance, with the utility and convenience of a fully updated, modern home. Admired for generations, 135 Academy seamlessly transitions from formal to casual spaces, highlighted by tall ceilings, built-ins, exquisite millwork, and a soaring great room with arched stained glass windows and stone fireplace. Meticulously upgraded and maintained, this home features a gourmet eat-in kitchen with high end stainless appliances, an incredible walk-in pantry, 3 updated bathrooms, 4 large bedrooms with abundant closet space, updated HVAC, energy efficient solar panels (owned), Paradigm replacement windows, and 3 wood burning fireplaces. The exterior features lush gardens, a gunite pool, expansive lawns, and stone patios. Experience the warmth and allure of this exceptional home!
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| Jul 17, 2020 | Sold | ||
| Sold | |||
| Mar 9, 2020 | Listed by William Raveis R.E. & Home Services | $1,100,000 | |
| Listed by William Raveis R.E. & Home Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017