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65 Mayflower Drive #65
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 31, 2016 | Sold | ||
| Sold | |||
| Mar 28, 2016 | Listed by William Raveis R.E. & Home Services | $593,500 | |
| Listed by William Raveis R.E. & Home Services | |||
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Better than new, beautiful sun-filled 2007 Cape in Old Salem Village. This home is located on a cul-de-sac backed by farmland in North Andover. Open floor plan has a large family room with cathedral ceiling, fireplace and walk-out slider to the deck and private back yard. The spacious kitchen with breakfast bar has newer stainless stove, microwave and dishwasher with granite counter tops, pantry and breakfast area overlooking the backyard and another walk-out slider to the twelve by sixteen deck. Gleaming hardwood floors throughout 1st and 2nd floors. First floor Master bedroom with tray ceiling and recently updated master bath. Maintenance free vinyl siding, Anderson sliders and tilt in windows with Low-E coating on the glass works like sunscreen to block harmful UV rays, protecting home and furniture.
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| Aug 12, 2010 | Listed by Coldwell Banker Residential Brokerage - Andover | $539,900 | |
| Listed by Coldwell Banker Residential Brokerage - Andover | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017