71 Andover 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 |
|---|---|---|---|
| Jan 16, 2018 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $339,900 | |
| Listed | |||
| | |||
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Only in New England! One-of-a-kind opportunity to live comfortably in historic Colonial Farmhouse w/early American charm in convenient location. John Price’s house was here before everything else. Today this home offers a touch of country living ideally situated for your modern lifestyle. Only 15 miles to Boston. Easy access to Rte 114/Rte 128/I-95 as well as MBTA Bus & Commuter Rail. Shopping, restaurants & services nearby at Northshore Mall, Peabody Sq & Salem. Abuts conservation. Lot feels wooded & private. This beloved home tastefully blends period details w/today’s amenities. (4) fireplaces, built-ins, french doors, pot-bellied stove & beautiful wood floors. Updated kitchen w/granite countertops & island. Renovated bathrooms. Versatile floor plan. Storage in closets, basement, attached carriage house & barn. At this price, you can afford to improve carriage house & barn to best fit your needs while adding instant equity. Make a piece of history your own. NOT a drive-by. Call now!The manager has listed the unit size as 1840 square feet.
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| Jul 13, 2017 | Listed by Keller Williams Realty | $314,900 | |
| Listed by Keller Williams Realty | |||
| Dec 1, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017