38 Maple Ave.
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 |
|---|---|---|---|
| Jan 7, 2019 | Sold | ||
| Sold | |||
| Nov 2, 2018 | Listed by Coldwell Banker Residential Brokerage - Andover | $579,000 | |
| Listed by Coldwell Banker Residential Brokerage - Andover | |||
| Jul 26, 2016 | Sold | ||
| Sold | |||
| May 6, 2016 | Listed by Coldwell Banker Residential Brokerage - Andover | $519,900 | |
| Listed by Coldwell Banker Residential Brokerage - Andover | |||
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In the heart of 'In-town' Andover, Maple Avenue is located central to everything Andover has to offer. This well maintained and updated Colonial/Victorian offers between 3 and 5 bedrooms and is within walking distance to Main St. shopping, Doherty Middle School as well as the train and bus to Boston. The exterior of the home features a new roof, new driveway and walk way and landscaping. The fenced in yard includes a manicured stone patio for the grill. Inside, hardwood flooring on 1st level. The eat in kitchen has new SS stove, refrig. and sink along with a new countertop and back splash. Formal dinning room and living room have the original pocket French doors. There is a half bath off the den/office area also on the first floor. The 3 bedrooms on the 2nd floor are nice size with ample closet (s) and also include a full bath. On the *3rd floor, the possibilities are open to your needs. Play room, music room, attic space, all newly carpeted and could be also used as extra bedrooms.
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| Sep 9, 2011 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017