87 High
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 1, 2024 | Sold | ||
| Sold | |||
| May 29, 2024 | Listed by VRG Massachusetts LLC | $715,000 | |
| Listed by VRG Massachusetts LLC | |||
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Welcome home to this sweet colonial on a lovely partially shaded lot. Perfectly located near everything Andover. Enter through the back porch into the fireplaced living room with hardwood floors. Kitchen with shiny black counters with access to a small landing to sit with morning coffee or onto the patio in the fenced back yard. Off the kitchen is a dining room with built in hutch. Upstairs are two good size bedrooms one with a large walk in closet. Windows everywhere bring in the natural light. The full bath is on the second floor.A large fireplaced family room is in the basement with a small Bath and laundry. A one car garage with home entrance is also a convenience. Easy commuter access. Bring your ideas to make it yours.
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| Aug 31, 2005 | Sold | ||
| Sold | |||
| Jun 13, 2005 | Listed by VRG Massachusetts LLC | $449,900 | |
| Listed by VRG Massachusetts LLC | |||
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