642 Andover Drive
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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%.
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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.
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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 21, 2021 | No longer available | - | |
| No longer available | |||
| Jan 5, 2021 | Listed | $1,295,000 | |
| Listed | |||
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91504, Location ! Immaculately updated Burbank Home w/Hillside location and detached garage. Amazing turn-key home with great curb appeal on a beautiful tree-lined street. Welcome to 642 Andover Drive, a bright & light 1,935 sq.ft. home offering 4 bedrooms and 2 bathrooms. The front door opens to an open floor plan and ample-sized formal living room with high in-set ceilings, complete with wood-burning fireplace and large French doors which overlook and invite you to the backyard. An elegant formal dining room with a large bay window overlooks the front yard and is the perfect space for festive dinners. A spacious entertainer's chefs kitchen complete with modern custom cabinetry, granite countertops, high-end appliances and custom center eat-in island is the perfect setting for your next culinary creations. A large family room with custom built-ins can be converted as the 4th bedroom. Enjoy your private entertainer's backyard complete with paved patio seating and grassy areas. Built in 1951, this spectacular property situated on a more than 7,000 square foot lot, offers all the necessities and amenities with modern finishes and updates. Custom hardwood floors, custom tile, a designated laundry area, recessed LED lighting & newer roof are just some of the many features, including a detached 2 car garage and gated parking pad with newer cement driveway. Don't miss this home. Ideal for first - time homebuyers and ready for you to make it yours. Move Right In & Welcome Home! The manager has listed the unit size as 1935 square feet.
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| Jan 18, 2019 | Sold | ||
| Sold | |||
| Dec 4, 2018 | Listed by Keller Williams WMC | $979,000 | |
| Listed by Keller Williams WMC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017