49 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 |
|---|---|---|---|
| May 31, 2024 | Sold | ||
| Sold | |||
| Apr 10, 2024 | In contract | - | |
| In contract | |||
| Apr 3, 2024 | Listed by William Raveis R.E. & Home Services | $1,099,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Welcome to 49 Andover St. This 4 BR/2.5 BA COLONIAL home offers a perfect blend of comfort, convenience, and community living. This home is located in the HIGHLY sought-after West Elementary district. BRAND NEW West Elementary School OPENS this fall, ensuring top-notch educational facilities just moments away. Convenience is key here, with Andover TOWN CENTER a mere mile away. Immerse yourself in the vibrant COMMUNITY LIFE with fantastic events, bars, restaurants, coffee shops, and boutiques, all within easy reach. Everything you need is just around the corner. Commuting is a breeze from this location, with Andover boasting two COMMUTER RAIL stations providing convenient access to Boston. The proximity to Route 93 ensures a smooth and stress-free commute. Additional features include: fresh interior paint (on select rooms), fenced in 3/4 acre yard, composite deck, large 2 car garage, CENTRAL AC, gas heat, finished attic with rough plumbing for future bathroom and plenty of parking!
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| Dec 29, 2006 | Sold | ||
| Sold | |||
| Nov 30, 2006 | Listed by William Raveis R.E. & Home Services | $749,900 | |
| Listed by William Raveis R.E. & Home Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017