8 Highland Ave
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 |
|---|---|---|---|
| Aug 20, 2024 | Sold | ||
| Sold | |||
| Aug 6, 2024 | In contract | - | |
| In contract | |||
| Jul 10, 2024 | Price Decreased |
$830,000
↓ $30K
(3.5%) | |
| Price Decreased | |||
| Jun 20, 2024 | Listed by Simply Sell Realty | $860,000 | |
| Listed by Simply Sell Realty | |||
| | |||
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Price reduction! Move right into this turn-key home in the Bancroft/Doherty district. This bright home is nestled away in a serene setting adjacent to both Phillips Academy and Merrimack College. Just a short distance to vibrant downtown Andover and have easy access to 125, 114, 93 and 495. This is a must see as the location can’t be beat and the house lives larger than its square footage. This fully updated home includes a renovated kitchen and baths, gleaming hardwoods, 3 large beds, 2 full baths, first floor office/4th bedroom, second floor laundry room, and ample storage areas. Outside enjoy sun all day in one of the many outdoor living spaces, including the wrap-around front porch, back deck and new patio and fire pit areas that complete this beautifully landscaped and expanded flat yard. 8 Highland Ave is available for a quick close and ready for both entertaining and retreat watching a variety of birds from the nearby Phillips Academy Bird Sanctuary and trails.
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| Dec 29, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017