7 Burton Farm Drive
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 |
|---|---|---|---|
| Apr 22, 2014 | Sold | ||
| Sold | |||
| Mar 5, 2014 | Listed by Realty Executives Boston West | $459,900 | |
| Listed by Realty Executives Boston West | |||
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Walk to downtown Andover! Desirable cul-de-sac within walking distance to Andover Common, Starbucks, restaurants, the train station, etc. Single level living makes life a breeze in this manageable ranch. Updated heating system, central air, updated windows and other updates in this ranch style home with lovely yard and handy storage shed. Large Family Room has wood burning fireplace and sliders to the back yard. Formal Dining Room and Living Room are light and bright, providing wonderful entertainment opportunities! Four spacious bedrooms! Master Bedroom with Master Bath! Wonderful neighborhood in sought after Downtown Andover! Only minutes to Rtes 93 and 495. Tired of climbing stairs? You have found your new home!
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| Dec 5, 2000 | Sold | ||
| Sold | |||
| Sep 21, 2000 | Listed by William Raveis R.E. & Home Services | $359,900 | |
| Listed by William Raveis R.E. & Home Services | |||
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