70 Elm St
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 |
|---|---|---|---|
| Mar 10, 2025 | Sold | ||
| Sold | |||
| Jan 8, 2025 | In contract | - | |
| In contract | |||
| Dec 5, 2024 | Listed by Coldwell Banker Realty - Newton | $1,590,000 | |
| Listed by Coldwell Banker Realty - Newton | |||
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Welcome to 70 Elm Street - Step into history at Abbot Tavern, a residence blending heritage with modern luxury. Built in the late 18th century & listed on the National Register of Historic Places since 1982. This Georgian masterpiece spans over 3,600 sqft, offers 5 spacious bedrooms, updated 3.5 bathrooms with opulent steam shower and radiant heat, 5 fireplaces for cozy comfort. Inside, find a mudroom with Belgian limestone connecting to a gourmet kitchen featuring 5” wood floors, a Sub-Zero beverage center, 46-bottle wine fridge, & Wolf dual fuel range. The expansive family room, a converted coach house, boasts Pella Thermopane windows. Meticulously renovated since 2013, this home balances historical charm with modern conveniences. Located near downtown Andover, Phillips Academy & local conservation areas this serene 0.62-acre lot, with lush landscaping surrounds this tranquil retreat. This rare masterpiece of history awaits you!
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| Mar 21, 2002 | Sold | ||
| Sold | |||
| Jul 16, 2001 | Listed by Coldwell Banker Realty - Newton | $725,000 | |
| Listed by Coldwell Banker Realty - Newton | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017