65 Walnut Ave
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 |
|---|---|---|---|
| Nov 7, 2024 | Sold | ||
| Sold | |||
| Oct 2, 2024 | In contract | - | |
| In contract | |||
| Sep 24, 2024 | Listed by William Raveis R.E. & Home Services | $1,600,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Welcome to 65 Walnut Ave, an exceptional home situated on a rare double lot just a half mile from downtown Andover. This beautifully appointed property features an open-concept first floor, centered around a high-end chef's kitchen w/ a Thermador stove & a wrap-around island. The kitchen seamlessly connects to the great rm & dining area, perfect for everyday living. A first flr office w/ own private entrance is convenient. Double sets of French doors open to a spacious deck, where you'll be greeted by lush, rich landscaping that frames the oversized yard, an oasis in this prime location. A private patio offers a serene space for outdoor relaxation. Upstairs, four generously sized bedrms, including two w/ ensuite baths, provide the ultimate retreat. The convenience of a 2nd flr laundry adds to the home’s functionality. The bright, walk-out LL feels like an extension of the main living space & is ideal for a media rm complete w/ ample storage. Location size & curb appeal. A RARE FIND!
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| Jun 28, 2007 | Sold | ||
| Sold | |||
| May 13, 2005 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017