16 Suncrest Road
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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 |
|---|---|---|---|
| Dec 6, 2006 | Sold | ||
| Sold | |||
| Nov 3, 2006 | Listed by Town Hall Realty, Inc. | $489,900 | |
| Listed by Town Hall Realty, Inc. | |||
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Terrific family neighborhood on cul-de-sac. Fireplaced LR w/3 picture windows & dining area. 1st floor FR, 4 good size BRs, long list of updates, new energy efficient windows, new kitchen w/granite counters, SS appliances, breakfast bar. Freshly painted inside & out. HW throughout, LL play room, work shop & walk out to a level backyard, 2 car garage. Close to town & highways. Truly Andover's best buy!
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| Aug 15, 1997 | Sold | ||
| Sold | |||
| Jul 3, 1997 | Listed by Prudential Howe & Doherty | $249,900 | |
| Listed by Prudential Howe & Doherty | |||
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TERRIFIC FAMILY NEIGHBORHOOD ON CUL-DE-SAC. FOUR BEDROOMS, FP LIV RM W/3 PICTURE WINDOWS. LOWER LEVEL FAMILY ROOM, WORKSHOP, WALK-OUT TO BACKYARD. SOLID CONSTRUCTION. NEW SEPTIC SYSTEM TO BE INSTALLED. CLOSE TO HGWYS. EASY COMMUTE.
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