87 Ballardvale 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 24, 2025 | Sold | ||
| Sold | |||
| May 21, 2025 | In contract | - | |
| In contract | |||
| May 13, 2025 | Listed | $959,000 | |
| Listed | |||
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Picture Perfect! Cheer Up! Your fun new Andover home is here! So many buyer benefits: 1. "Yard of the Year" award winner. Fully fenced, large & level, amazing backyard area with beautiful enlarged patio. Plenty of room to host birthday parties, family reunions, wiffle ball tournaments, tend the garden, or to just sit & talk awhile! 2. In 2010, the home was completely renovated! 3. It's updated, turn key condition & ready for immediate happiness! 4. 1st floor primary bedroom & private full bathroom! 5. You can see the South Elementary School from the top of the driveway. There is a sidewalk (1 house away) to the school, only .03 mile from the home! 6. There is a big neighborhood directly across the street for family walks, bike riding & dog walking! 7. Bonus playroom room, office/exercise & full bath in the LL! 8. Wood burning fireplace inside & outside! 9. Whole house generator! 10. In 2022 brand new enlarged driveway! Continue the Love, this is Special!
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| Nov 18, 2016 | Sold | ||
| Sold | |||
| Aug 11, 2016 | Listed by Keller Williams Realty | $645,000 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017