261 Andover 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 |
|---|---|---|---|
| Jul 31, 2014 | Sold | ||
| Sold | |||
| Apr 14, 2014 | Listed by ZipRealty, Inc | $289,900 | |
| Listed by ZipRealty, Inc | |||
| Jul 14, 2009 | Sold | ||
| Sold | |||
| May 10, 2008 | Listed by Travis Realty, Inc. | $249,900 | |
| Listed by Travis Realty, Inc. | |||
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Well cared for 3-4 bedroom ranch with a detached 2-car garage and work-shop. Newer roof, windows, siding and furnace. Private fenced in back-yard. Third bedroom up can also be used as a diningroom. Finished basement. Brand new Title V system being installed, engineering is all done and should be approved and done within 2 weeks. House is on next town sewer contract which has been tabled indefinitely.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017