71 Reservation Rd
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 |
|---|---|---|---|
| Jun 30, 2011 | Sold | ||
| Sold | |||
| Feb 23, 2011 | Listed by Prudential Howe & Doherty | $875,000 | |
| Listed by Prudential Howe & Doherty | |||
| Jan 18, 2011 | Sold | ||
| Sold | |||
| Mar 11, 2010 | Listed by William Raveis R.E. & Home Services | $374,900 | |
| Listed by William Raveis R.E. & Home Services | |||
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BYOB – Bring Your Own Bulldozer! This beautiful and sought after location is the perfect place to build your dream house! Existing house to be razed by buyer and provides peaceful setting for new home. Town sewer available on both Reservation Road and Mayflower Drive. House currently faces Mayflower and driveway is on Mayflower. Faces wooded lot. Don’t wait! Not many nice lots left in Andover! So conveniently located – only minutes to 93 and 495. Close to town and train.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017