0 Kerry Street
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 |
|---|---|---|---|
| Mar 24, 2023 | Sold | ||
| Sold | |||
| Jan 25, 2023 | In contract | - | |
| In contract | |||
| Jan 7, 2023 | Listed by Coldwell Banker Realty - Lynnfield | $179,900 | |
| Listed by Coldwell Banker Realty - Lynnfield | |||
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Buildable lot located in an established residential neighborhood in the Centraville section of Lowell. Close to the Dracut line and the University of Massachusetts. Zoning board has approved this project with some minor conditions. Variance was needed only for lot size. Proposed home would meet front and side setback requirements. Please see attached documents for more information including the decision from the zoning board. Contact the listing broker for further information. This property is located directly behind 270 Christian Street and the decision is currently recorded under that property. 270 Christian Street will soon be completely renovated.
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