15 Launching Rd
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 |
|---|---|---|---|
| May 22, 2024 | Sold | ||
| Sold | |||
| Mar 29, 2024 | In contract | - | |
| In contract | |||
| Mar 22, 2024 | Listed by RE/MAX Partners | $1,299,900 | |
| Listed by RE/MAX Partners | |||
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Classic Andover Colonial on quiet cul-de-sac neighborhood in the High Plain/Wood Hill School district. Originally farmland, this unique property offers 5.46 acres abutting Deer Jump Reservation (131 acres), Fish Brook (stream) and easy access to adjacent Merrimack River. A large barn w/ loft sits on the property and can provide endless possibilities for horses or equestrian needs. Inside this well-maintained home, you’ll find 3 updated full baths, a newer kitchen with tile flooring, quartz countertops, SS appliances and breakfast bar for casual dining. The open floor design leads into a sun filled family rm with gas fireplace, cathedral ceiling, exposed beams, and several skylights. Additional features: newer sunroom w/slider access to rear deck, dining & living rooms, full bath, half bath and laundry, completing the main floor. You’ll find 4 spacious bedrooms, 2 full baths, ample closet space plus a walkout LL with bonus rm or home office! Close to commuter routes 93/495. A MUST SEE!
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| Mar 18, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Oct 16, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017