340 High Plain 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 3, 2016 | Sold | ||
| Sold | |||
| Feb 12, 2016 | Listed by Coldwell Banker Residential Brokerage - Andover | $899,000 | |
| Listed by Coldwell Banker Residential Brokerage - Andover | |||
| Dec 7, 2015 | Sold | ||
| Sold | |||
| Jul 8, 2015 | Listed by William Raveis R.E. & Home Services | $399,900 | |
| Listed by William Raveis R.E. & Home Services | |||
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Situated on an acre of land and nestled amongst beautiful homes, this property only needs your vision to make it a masterpiece. It is a rare find in Andover to come across a property with such possibilities. The existing home is a sprawling ranch with outdoor stone work and newer kitchen. It has a great footprint to either renovate existing property or build your dream home. The potential is there!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017