24 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 |
|---|---|---|---|
| Aug 11, 2025 | Sold | ||
| Sold | |||
| May 22, 2025 | In contract | - | |
| In contract | |||
| May 12, 2025 | Listed by Jon Whitney | $1,395,000 | |
| Listed by Jon Whitney | |||
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Welcome to an amazing 4 bed, 2.5 bath single family home situated on a cul-de-sac in close proximity to Phillips Academy and downtown Andover. This well maintained property sits on 0.68 acres with a garage that fits 3 cars, a private backyard with a deck and seating area for a fire pit, and an open floor plan ready to entertain. The eat in kitchen boasts a 48" Capital Culinarian 6-burner gas grill with double ovens and rotisserie. Adjoining is a dining room, family room with a gas fireplace, sunroom, and bonus room all equipped with central AC and in-ceiling speakers and surround sound. What better way to start your day than using the rain head and body sprays in the primary bathroom shower. This property provides peace of mind with Hardie board siding, a new roof, Harvey windows, 7 kw solar panels which are owned, 10 kw generator with automatic transfer switch, and an updated heating system. Come see for yourself!
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| Jul 15, 2005 | Sold | ||
| Sold | |||
| May 12, 2005 | Listed | $839,900 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017