Lot 31 Empire Drive
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 |
|---|---|---|---|
| May 30, 2013 | Sold | ||
| Sold | |||
| Aug 22, 2012 | Listed by Coldwell Banker Realty - Wilmington | $449,900 | |
| Listed by Coldwell Banker Realty - Wilmington | |||
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Tastefully designed, this NEW colonial style home incudes 9' ceilings on 1st floor, open floor plan, Bosch SS kitchen appliances, granite counters in kitchen and baths, central air, hardwood floors on 1st floor, laundry on 2nd floor, 40 year arch shingles, 2 X 6 construction. Located in North Andover's newest convenient subdivision. Why not buy new & pick out your own custom selections. For DIRECTIONS use the address 815 Chestnut St, No. Andover.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017