3 Coderre Way
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 |
|---|---|---|---|
| Sep 16, 2024 | Sold | ||
| Sold | |||
| Jul 30, 2024 | In contract | - | |
| In contract | |||
| Jul 24, 2024 | Listed by RE/MAX Partners | $1,349,900 | |
| Listed by RE/MAX Partners | |||
| | |||
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Custom-built Colonial on fabulous 1.37-acre lot near Phillips Academy & downtown Andover. This elegant & comfortable home features an open floor plan, high ceilings, hrdwd flrs, & exquisite architectural details. A dramatic entry w/ detailed moldings sets a sophisticated tone. The kitchen boasts granite countertops, a center island, and high-end appliances, flowing seamlessly into the family rm & sun rm. The family rm has a gas fireplace & custom built-ins. 1st flr office provides privacy for remote work or study. The living rm w/ gas fireplace & formal dining rm are perfect for gatherings. Upstairs, find 4 bdrms, including a primary suite w/ a spa-like bath, & a bonus rm for flexible living. Expansive lot offers space for gardening, recreation, & relaxation. This meticulously maintained home in a desirable location provides comfort, style, & convenience, w/ easy access to top-rated schools, shops, restaurants, & commuter routes. Enjoy Andover's vibrant community in a tranquil setting!
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| Aug 12, 2015 | Sold | ||
| Sold | |||
| Apr 3, 2015 | Listed by RE/MAX Partners | $849,000 | |
| Listed by RE/MAX Partners | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017