3 Archer Lane
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 22, 2020 | Sold | ||
| Sold | |||
| May 29, 2020 | Listed by Coldwell Banker Realty - Andover | $575,000 | |
| Listed by Coldwell Banker Realty - Andover | |||
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Location, Location, Location. A forest of trees surrounds this 4-bedroom Colonial in one of Andover's finest areas. This gracious home sits at the end of the cul-de-sac in a quiet neighborhood of proud homes. It's a neighborhood like none other--quiet streets and grassy yards. Wood burning fireplace in Living Room, formal dining room with bay window and views of the wooded back yard, cozy den. Second floor boasts 4 generous bedrooms and full bath. Hardwood floors everywhere except kitchen and baths. Two-car attached garage. Easy commute to highways, downtown and schools. Ready for you to update, repair and decorate to suit your lifestyle. Excellent potential. When you buy a house, you buy a town!
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| May 30, 2019 | Sold | ||
| Sold | |||
| Nov 21, 2018 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017