157 Lancaster 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 |
|---|---|---|---|
| Aug 20, 2024 | Sold | ||
| Sold | |||
| Jul 26, 2024 | In contract | - | |
| In contract | |||
| Jul 17, 2024 | Listed by William Raveis R.E. & Home Services | $1,599,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Exceptional property providing luxurious haven in one of North Andover's finest neighborhoods! Surrounded by beautiful natural privacy, this sprawling Colonial showcases a gorgeous chef's kitchen w/quartzite, large island, high-end stainless appliances incldg Subzero fridge & Wolf 6 burner gas range & wall oven, 2 sinks & bar area w/beverage cooler. Dining area overlooks tranquil backyard & opens to large family room w/stone fireplace. Pretty sunroom w/12' ceiling leads to deck & patio. Lovely dining & living rooms, perfect powder room, office w/French doors & side foyer w/mud area & bath w/pet shower add to ideal layout. Separate great room & 5th bedroom w/bath offer optional uses. Second floor has 3 bedrooms plus stunning primary suite w/hardwood, walk-in closet, sitting room & spacious ensuite w/skylight over tub. Beautifully renovated full bath, laundry room & walk-up attic finish this level. Huge walk-out lower level w/some finished space & 3 car garage complete this special home!
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| Feb 12, 2002 | Sold | ||
| Sold | |||
| Oct 19, 2001 | Listed by William Raveis R.E. & Home Services | $1,150,000 | |
| Listed by William Raveis R.E. & Home Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017