3 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 26, 2011 | Sold | ||
| Sold | |||
| Jun 21, 2010 | Listed by Keller Williams Realty-Merrimack | $199,900 | |
| Listed by Keller Williams Realty-Merrimack | |||
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SHORT SALE 3rd party approval required. Convenient Raymond Farms area. 3 bdrm + office . ALL OFFERS TO BE IN TO LISTING AGENT BY 12:00 NOON SUNDAY DEC. 5TH. PLEASE SUBMIT HIGHEST AND BEST. Open house Saturday December 4th 11-1:00 pm.
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| Feb 27, 2010 | Listed | $260,000 | |
| Listed | |||
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SHORT SALE 3rd party approval required. Convenient Raymond Farms area. 3 bedrooms plus office in this spacious one level home. Possible to use one large bedroom as family room/ofifce. Nice open concept for entertaining. Above ground pool 2 years old with large yard. Home need small amount of TLC. BEST VALUE in town.
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| Aug 24, 2006 | Sold | ||
| Sold | |||
| Jun 5, 2006 | Listed by Keller Williams Realty Evolution | $317,500 | |
| Listed by Keller Williams Realty Evolution | |||
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