31 Noel Road
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 |
|---|---|---|---|
| Aug 15, 2024 | Sold | ||
| Sold | |||
| Jun 26, 2024 | In contract | - | |
| In contract | |||
| Jun 20, 2024 | Listed by Lillian Montalto Signature Properties | $1,000,000 | |
| Listed by Lillian Montalto Signature Properties | |||
| | |||
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Stunning colonial-style home nestled on a tranquil cul-de-sac, perfect for those seeking both charm and modern comfort. This residence boasts a sun-drenched, expansive backyard, ideal for outdoor activities and serene relaxation. The heart of the home is the huge great room, designed for family gatherings and cozy evenings by the fireplace. The classic colonial architecture paired with thoughtful updates creates an inviting and timeless appeal. Beyond the main living areas, this home offers a multi-use finished basement, providing endless possibilities for a home office, gym, or playroom. The convenience of a 2-car garage ensures ample storage and secure parking. Meticulously maintained, 31 Noel Road combines traditional aesthetics with contemporary amenities, making it an ideal place to create lasting memories in the beautiful town of Andover.
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| Feb 7, 2011 | Sold | ||
| Sold | |||
| Jul 17, 1998 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017