627 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 |
|---|---|---|---|
| Jan 31, 2025 | Sold | ||
| Sold | |||
| Nov 14, 2024 | In contract | - | |
| In contract | |||
| Oct 30, 2024 | Listed by Team Zingales Realty, LLC | $499,900 | |
| Listed by Team Zingales Realty, LLC | |||
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Welcome to this delightful 3-bedroom, 1-bath single-family home in the highly desirable South Lawrence area. With great "bones" and endless potential, this home is perfect for a family ready to make it their own. Step inside to find hardwood flooring, a spacious kitchen, and a convenient mudroom—perfect for keeping things organized after entering from outside The versatile layout includes a bonus room, easily adaptable as a 4th bedroom or extra living space, plus a first-floor laundry room for added convenience. Outside, enjoy a generously sized backyard perfect for gatherings, gardening, or relaxing in your own private retreat. Situated in an excellent commuter location with easy access to major highways, this home combines charm and practicality. Don’t miss your chance to own this gem in one of Lawrence’s top neighborhoods—schedule your showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017