18 Downing St
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 8, 2021 | Sold | ||
| Sold | |||
| Sep 15, 2020 | Listed by Lillian Montalto Signature Properties | $675,000 | |
| Listed by Lillian Montalto Signature Properties | |||
| Aug 15, 2014 | Sold | ||
| Sold | |||
| May 30, 2014 | Listed by Gibson Sotheby's International Realty | $449,900 | |
| Listed by Gibson Sotheby's International Realty | |||
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Location! Location! Location! Warm & wonderful corner lot colonial on cul de sac, 1 mile from downtown Andover! Equipped with 4 Bedrooms, fireplaced Living Room, Dining Room,Kitchen & 1 ½ baths. Enjoyable tree-lined neighborhood. Boasts screened porch off Living Room & updated to enjoy comfort! This fantastic area is , close to highways & shops. Perennial plantings add lovely touch to exterior. Wall-to-wall carpeting with hardwood underneath. Upper level washer/dryer. A “cream puff” & perfect environment. Newly installed heating & hot water equipment, new pull-out windows, new tub and shower upper level. See it fast! It Won't last!
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