32 Lucerne 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 |
|---|---|---|---|
| Dec 24, 2025 | Sold | ||
| Sold | |||
| Dec 6, 2025 | In contract | - | |
| In contract | |||
| Nov 25, 2025 | Listed by LAER Realty Partners | $1,095,000 | |
| Listed by LAER Realty Partners | |||
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Offer Deadline December 2nd @ 12:00 noon.......This spacious ranch-style home sits on a beautiful corner lot in a quiet cul-de-sac near downtown Andover and offers effortless single-level living with three bedrooms, two full baths, a stunning updated eat-in kitchen, and a formal living room featuring a cozy fireplace and large picture window overlooking the nearly half-acre lot. A generously sized family room opens to the in-ground, heated, saltwater pool, creating the perfect setting for relaxing and entertaining. Hardwood floors run throughout, and the fully fenced yard provides privacy within the desirable Bancroft and Doherty school districts. The lower level features a dedicated gym and a huge unfinished basement offering tons of storage or potential for future expansion. Recent updates include a new heating system, new central air, new fencing, new poolside patio, whole house generator and fresh exterior paint—this home truly has it all.
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| Nov 29, 2019 | Sold | ||
| Sold | |||
| Sep 24, 2019 | Listed by Coldwell Banker Residential Brokerage - Andover | $669,900 | |
| Listed by Coldwell Banker Residential Brokerage - Andover | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017