Welcome to Cobblestone Crossing! Set on a quiet double cul-de-sac
neighborhood close to North Andover's Old Center where summer
evenings mean concerts on the town Common, leisurely walks,
picnicking and puppet shows! This home has a bright, welcoming feel
from the moment you enter. The eat-in Kitchen has granite counters,
stainless appliances and a center island with an adjacent Family
Room area that overlooks the cozy enclosed sun porch, large
composite deck and private back yard. A formal Dining Room and
sundrenched Living Room with soaring 16 foot ceilings and brick
fireplace offer plenty of room to spread out. There is a first
floor Primary Suite with walk-in closet, new carpet, paint and an
updated full bath. Upstairs has two bedrooms, a second full
bath, and a huge skylit Bonus Room giving you space for a home
office, playroom or media room. The full, unfinished basement has
high ceilings and a workshop area, ready for the hobbyist in your
family. A wonderful opportunity in one of North Andover's most
desirable locations. Priced to sell. Don't miss out!!!
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.
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