54 Abbot 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 |
|---|---|---|---|
| Jun 12, 2024 | Sold | ||
| Sold | |||
| Mar 8, 2024 | In contract | - | |
| In contract | |||
| Mar 1, 2024 | Listed by William Raveis R.E. & Home Services | $1,499,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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One of the most recognized homes in Andover! This (7) bedroom, (5 1/2) bath Colonial Revival overlooks Abbot St. on a 2.32 acre lot, close to Phillips Academy and downtown Andover. Elegant architectural details throughout-Palladian windows, fluted columns, crown/dentil moldings, pocket doors and so much more! The large, welcoming foyer showcases the beauty of this home with a spectacular grand staircase that has beautifully turned newel posts and ballisters, a treat for all to see! Bright, large living room, and family room have Palladian windows. Dining Room with fireplace and graceful column detail is convenient to the large updated eat-in kitchen with granite counters, stainless appliances and walk-in pantry.1str floor office with fireplace and laundry/bath access. The 2nd floor has 6 bedrooms, home office and (3) 3/4 baths. 3rd floor has a large bonus room, 3/4 bath and bedroom. Gleaming hardwood throughout. NEW 4 Car garage (2018) w/ finished 2nd floor and 1/2 bath. A true gem!
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| May 24, 2017 | Sold | ||
| Sold | |||
| Feb 15, 2017 | Listed by William Raveis R.E. & Home Services | $1,095,000 | |
| Listed by William Raveis R.E. & Home Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017