26 Lovejoy 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 |
|---|---|---|---|
| Nov 27, 2024 | Sold | ||
| Sold | |||
| Oct 16, 2024 | In contract | - | |
| In contract | |||
| Oct 4, 2024 | Listed by RE/MAX Partners | $999,900 | |
| Listed by RE/MAX Partners | |||
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This exceptional 1.9-acre property offers a range of possibilities, including the potential for lot separation, making it an ideal investment. The home features one-level living w/ 3 spacious bedrooms & 2.5 baths, offering comfort and convenience. The lg family rm provides ample space for gatherings, while the walk-up attic presents an opportunity to convert it into a second level, expanding the living space further. This property boasts 2 charming water features & has been upgraded w/ newer systems, including heating, hot water, & electrical. An attached 2-car garage adds convenience, & the full basement is ready to be finished to suit your needs. Situated in a desirable location, a sidewalk leads directly to Sanborn School & the Indian Ridge CC. It offers easy access to downtown Andover & the Ballardvale Commuter Rail, making commuting and enjoying local amenities a breeze. This home combines comfort, expansion potential, & an unbeatable location, perfect for any discerning buyer.
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| Jul 15, 1974 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017