7 Heather 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 |
|---|---|---|---|
| Nov 17, 2025 | Sold | ||
| Sold | |||
| Oct 29, 2025 | In contract | - | |
| In contract | |||
| Oct 22, 2025 | Listed by Classified Realty Group | $1,399,000 | |
| Listed by Classified Realty Group | |||
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Welcome to this stunning 2020 built Colonial in the Bancroft district where timeless design meets modern luxury. With 9’ ceilings, custom millwork, & hardwoods throughout, every detail showcases exceptional craftsmanship. The bright & airy open-concept living area flows effortlessly to a spacious deck through French sliders overlooking the lush backyard & patio. The gourmet kitchen features an impressive center island that’s sure to be the heart of every gathering. Truly an entertainer’s dream! Upstairs, the oversized primary suite shines with WIC & spa-like bath, while each additional bedroom offers its own walk-in, with guest bath boasting double vanities. Enjoy the convenience of a dedicated laundry room with sink, mudroom, & oversized garage. Take note of the spacious lower level, roughed for a BA & ready to finish for an additional 1,544 sq ft. Set in a quiet neighborhood, walking distance to downtown Andover & Phillips Academy, this is the home you’ve been waiting for all year!
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| Aug 17, 2020 | Sold | ||
| Sold | |||
| Jun 26, 2020 | Listed by William Raveis R.E. & Home Services | $1,050,000 | |
| Listed by William Raveis R.E. & Home Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017