344 Andover
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 |
|---|---|---|---|
| Jul 11, 2013 | Sold | ||
| Sold | |||
| Mar 18, 2013 | Listed by EXIT Realty Beatrice Associates | $289,900 | |
| Listed by EXIT Realty Beatrice Associates | |||
| Mar 15, 2011 | Sold | ||
| Sold | |||
| Dec 7, 2010 | Listed by Boardwalk Realty Group | $249,900 | |
| Listed by Boardwalk Realty Group | |||
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Highest & Best by 5pm 1/27/2011. Please see attached documents required to submit offer . Spacious ranch with a fresh coat of paint is set back from the road and in very convenient location. Fannie Mae Property. Purchase for as little as 3% down. Homepath Mortgage and Homepath Renovation Mortgage program available. See firm remarks for details. Located near Danvers/Middleton line with great access to shopping and major routes.
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| Aug 9, 2010 | Listed by EXIT Realty Beatrice Associates | $264,900 | |
| Listed by EXIT Realty Beatrice Associates | |||
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