41 School Street
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 10, 2024 | Sold | ||
| Sold | |||
| May 1, 2024 | Listed by William Raveis R.E. & Home Services | $1,950,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Rare opportunity to own this iconic downtown Andover home near Phillips Andover! Beautifully updated, exquisitely decorated & meticulously maintained over the last 32 years! Combining character, history & eloquence this home has an open Kitchen/Family addition that brings modernity for today's more casual lifestyle. Step out through 3 French doors to a bluestone patio & terraced gardens overlooking a sprawling, expansive & professionally landscaped yard - one of the best in all downtown Andover. Flexible floor plan provides numerous choices to fit your needs. Storage, a rarity in older homes, is in abundance. 2nd floor features 5 bedrooms & 3 full bathrooms. Primary Suite has 2 walk-in closets, numerous built-ins & fabulous bath w/ heated, tiled shower & separate tub. Work from home? Above the garage is a remarkable and spacious Home Office w/12 windows that provide a panoramic view of the backyard. Walk to morning coffee, restaurants, library, churches, schools, events, retail & more.
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| Jul 1, 1992 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017