55 Andover 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 |
|---|---|---|---|
| May 30, 2019 | Sold | ||
| Sold | |||
| Mar 6, 2019 | Listed by Cypress Realty, LLC | $699,900 | |
| Listed by Cypress Realty, LLC | |||
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Looking for an in-law suite? This expansive home has 3 major additions: 1) Full in-law apartment with a Kitchen/Living room combination, full size bedroom, full bath w/washer/dryer and a one car garage. 2) Home office with a dedicated exterior entrance for clients 3) Master Bedroom addition with Sitting Room, Hot tub room and large walk-in closet. The main part of the house features a large chef's Kitchen with SO many cabinets, granite counters and a desk. Large Family Room and formal dining room w/vintage built-ins. This home has so many features like Central air, security system, in-ground pool w/cabana, chainlink dog kennel, garaging for 4 cars (3 are heated), 2 yr old metal roof and central vac. New Family Rm & 2nd floor hallway/stairs carpeting & New Mudroom flooring. Amazing location is walking distance to downtown Andover, 2 train stations, Library and is only minutes to Rte 93 for easy access to Boston & NH. Very versatile floor plan lends itself to a multitude of options.
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| Sep 6, 2018 | No longer available | - | |
| No longer available | |||
| Jun 8, 2018 | Listed by William Raveis R.E. & Home Services | $749,999 | |
| Listed by William Raveis R.E. & Home Services | |||
| Oct 7, 1987 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017