4 Cormier's Way
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 8, 2011 | Sold | ||
| Sold | |||
| May 16, 2011 | Listed by RE/MAX Partners | $1,450,000 | |
| Listed by RE/MAX Partners | |||
| May 5, 2008 | Sold | ||
| Sold | |||
| Apr 27, 2007 | Listed by Lillian Montalto Signature Properties | $1,680,000 | |
| Listed by Lillian Montalto Signature Properties | |||
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Beautiful new construction at the magnificient Andover Country Club. Designer kitchen with upgraded granite countertops, fireplace and tumbled marble backsplash. Master bath all marble. Tremendous finished carpentry and molding throughout home. Family room with fireplace and wet bar with granite top. Mud room off of three car attached garage. A truley unique home, a must see.....
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