8-10 Bancroft Road
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, 2020 | Sold | ||
| Sold | |||
| Oct 11, 2019 | Listed by Monarch Realty Group, LLC | $2,599,999 | |
| Listed by Monarch Realty Group, LLC | |||
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RARE FIND! PRESTIGIOUS HOME PLUS BUILDABLE LOT!!! Welcome to the most unique home setting in Andover! There's no other property in town surrounded on 3 sides by Phillips Academy, the oldest secondary school in the country. Backyard abuts its athletic playing fields. Its superb location is only a 2-minute walk to the brand new Bancroft Elementary School. This classic, stately home was designed by renowned architect Guy Lowell. Exquisite details include an arched foyer, formal living & dining rooms, each with a fireplace. Other elegant rooms include a richly paneled library and an exquisite butler's pantry. Kitchen is surrounded by family room w/fireplace, breakfast room, mudroom & sitting room w/gas fireplace. Smart home technology. Spacious master suite w/radiant heat, hardwood floors & spa-like marble bath w/steam unit. A truly magical place to raise a family & entertain w/privacy and comfort. An incredibly unique location and a truly special home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017