401 River Rd
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 8, 2024 | Sold | ||
| Sold | |||
| Jul 3, 2024 | In contract | - | |
| In contract | |||
| Jun 26, 2024 | Listed by Century 21 McLennan & Company | $799,000 | |
| Listed by Century 21 McLennan & Company | |||
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Have you always dreamed of living in Andover? Look no further as this picture perfect, 3 bedroom 2 bath Ranch style home checks your every box! Located on a 1 acre lot in the desirable High Plain School district, this property has it all! Generous living room with fireplace floods light in and leads into a lovely formal dining area. Open concept kitchen with picture window overlooks your beautiful back yard and seasonal views of the Merrimack River. Finished, walk out lower level has it's own private bonus room with walk in closet perfect for a home office, media center or separate living space for teenagers and extended family guests. A fenced in yard, 2 year old heating system and 2 stall garage are just a few of the perks in this home. Watch bald eagles fly in the distance from your private, serene screened in porch or sip a glass after a long day. This property is a diamond set apart from the hustle and bustle while close to both Rts 495 and 93 for your commuting convenience!
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| Oct 2, 2012 | Sold | ||
| Sold | |||
| Apr 19, 2012 | Listed by Century 21 McLennan & Company | $379,900 | |
| Listed by Century 21 McLennan & Company | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017