Lot 21 Empire Drive
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 |
|---|---|---|---|
| Nov 1, 2011 | Sold | ||
| Sold | |||
| Jan 3, 2011 | Listed by Coldwell Banker Realty - Andover | $569,900 | |
| Listed by Coldwell Banker Realty - Andover | |||
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We're "Harvesting New Homes @ Orchard Village". North Andover's newest neighborhood of 32 homes located off Rte 114 & Chestnut St. Pick out your own home & lot & work with master custom builder Bob Messina. Specifications feature: 9' ceilings on 1st flr, gas fireplace, central air, 2 X 6 construction, hardwood flrs, granite counters. Customization available. Don't miss out on this opportunity! For DIRECTIONS use the address 815 Chestnut St, No. Andover.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017