568 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 |
|---|---|---|---|
| Sep 25, 2024 | Sold | ||
| Sold | |||
| Aug 23, 2024 | In contract | - | |
| In contract | |||
| Aug 14, 2024 | Listed by Lamacchia Realty, Inc. | $499,724 | |
| Listed by Lamacchia Realty, Inc. | |||
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Welcome to 568 Andover St., A colonial that graces a corner lot of this prestigious Belvidere neighborhood. Its classic center entrance, adorned with a symmetrical arrangement of windows and a charming portico, is a hallmark of the era. Inside, the home exudes a warm and inviting atmosphere that could use some updating. Hardwood floors gleam beneath the soft glow of period-appropriate lighting. A welcoming foyer, leads to generously proportioned living and dining room. The kitchen, needs updating but serves as a blank canvas for the kitchen of your dreams. Upstairs, the bedrooms are spacious with ample closet space. There is bonus space in the walk-up attic and the large basement area. Bring your renovation ideas, build some instant equity and make this home shine again.
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| Sep 8, 2006 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017