38A Maple Avenue #1
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Cap Rate Calculator
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%.
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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 10, 2020 | Sold | ||
| Sold | |||
| Nov 26, 2019 | Listed by Advisors Living - Andover | $459,500 | |
| Listed by Advisors Living - Andover | |||
| | |||
|
Extremely well maintained Duplex in highly-sought after downtown Andover, featuring 2 spacious levels of living space. The bright and beautiful updated kitchen features custom cabinets, granite countertops and tile flooring. Formal dining room with gleaming wood flooring with touches of antique charm, living room with beautiful bay window wall to wall, half bath, and laundry closet finish out the first floor. Generous-sized bedrooms grace the upper floors. Unit has a new heating and on-demand hot water systems with plenty of parking and a private lovingly landscaped yard. Enjoy easy access to Downtown for plenty of shopping, dining and strolling in The Park!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/25/2023
|
3 Bed
|
1 Bath
|
1426 ft²
|
$429,900
3 Bed
1 Bath
1426 ft²
|
$475,000
+10.49%
09/19/2023
|
Veronica Antich-Fjeld
View Real Estate Group
| |
|
11/26/2019
|
Loft
|
2 Bath
|
1784 ft²
|
$459,500
Loft
2 Bath
1784 ft²
|
$451,000
-1.85%
07/10/2020
|
Michelle Lenihan
Advisors Living - Andover
| |
|
05/20/2016
|
3 Bed
|
1 Bath
|
1426 ft²
|
$364,500
3 Bed
1 Bath
1426 ft²
|
$364,500
07/28/2016
|
Margus Deery
Coldwell Banker Realty - Andover
| |
|
05/29/2015
|
Loft
|
1 Bath
|
1462 ft²
|
$275,000
Loft
1 Bath
1462 ft²
|
$300,000
+9.09%
07/27/2015
|
Margus Deery
Coldwell Banker Realty - Andover
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017