23 Belknap 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 |
|---|---|---|---|
| May 1, 2026 | Sold | ||
| Sold | |||
| Mar 27, 2026 | In contract | - | |
| In contract | |||
| Mar 14, 2026 | Listed by Jon Whitney | $1,400,000 | |
| Listed by Jon Whitney | |||
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Welcome to this beautifully maintained 4-bedroom, 2.5-bath home nestled on a quiet cul-de-sac near Phillips Academy and downtown Andover. Thoughtfully updated throughout, the home features white oak hardwood floors, a remodeled kitchen and bathrooms, and a spacious bonus room perfect for relaxing or entertaining. Additional highlights include a two-car garage equipped with a Level 2 EV charger. Step outside to enjoy a private, fully fenced wooded backyard featuring a patio with a built-in fireplace and a deck overlooking wooded conservation, ideal for outdoor dining, gatherings, or quiet evenings. The patio connects to a walkout unfinished basement which offers excellent potential for future expansion. Located just off Route 28, this property provides convenient access to Andover’s vibrant downtown with its charming shops, restaurants, and local amenities. A rare opportunity to enjoy space, privacy, and convenience in one exceptional Andover home.
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| Jan 19, 2010 | Sold | ||
| Sold | |||
| Mar 26, 2009 | Listed by Prudential Howe & Doherty | $695,900 | |
| Listed by Prudential Howe & Doherty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017