424 Andover St
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 13, 2024 | Sold | ||
| Sold | |||
| Jul 14, 2024 | In contract | - | |
| In contract | |||
| Jul 8, 2024 | Listed by LAER Realty Partners | $659,900 | |
| Listed by LAER Realty Partners | |||
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Location Location!!! This Andover street home is close to everything, features a 2 car garage, a finished basement with a bedroom and a full bath and an extra kitchen area for the holidays or for out of town relatives visiting for a few days.The main level is an open concept with a large family room that opens into the kitchen and has two bedrooms with a jack and jill bathroom leading into one of the bedrooms. The primary bedroom is spacious with a large bathroom that has a double bowled sink, a whirlpool soaking tub and shower, along with a separate shower stall. This place has it all, a huge deck overlooking a large flat back yard, and plenty of off street parking. With a little sweat equity you could make this home shine, needs a new roof and some cosmetics but won't last long in this market.
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| Jan 2, 1996 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017