24 Boston Rd
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 15, 2014 | Sold | ||
| Sold | |||
| May 20, 2014 | Listed by Leading Edge Real Estate | $299,900 | |
| Listed by Leading Edge Real Estate | |||
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Wonderful Bungalow in nice neighborhood in Ballardvale ~ Hardwood Floor in Living Room ~ updated kitchen: cabinets, countertops, dishwasher, tile floor, windows; updated bathroom; new ceiling fans and large cedar closets in both bedrooms; plus plenty of storage throughout house; Full basement waiting your finish; Garage has its own 220 panel, plus cable TV, and a built in work bench; Large yard has stockade fence with 12' wide gate and new retaining wall. This home is well insulated, and offers the single, couple or young family a great starter home or retirement home in Andover with all its amenities. First Open House Sunday 5/25 Noon to 2PM.
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| May 20, 2009 | Sold | ||
| Sold | |||
| Mar 7, 2009 | Listed by Coldwell Banker Realty - Lexington | $269,900 | |
| Listed by Coldwell Banker Realty - Lexington | |||
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Estate Sale-This home has been well maintained w/lots of pride & is in move-in condition. Needs all inter. updating. Roof, gutters, siding, windows done 2005. W/O Bsmt, insulated 2005 & functional wdstv-potential to finish. Attic insulated 1997. Great front encl. porch & side entry mudrm. Two-car det. gar. Beautiful lg fenced-in yd w/family's personal touch on landscaping. Residential nghbrhd. Near maj. rtes. Great starter or downsizing. Seller's addendum to be signed w/Offer to Purchase.
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| Sep 22, 1988 | Sold | ||
| Sold | |||
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