0 Locke 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 |
|---|---|---|---|
| Aug 28, 2024 | Sold | ||
| Sold | |||
| Apr 18, 2024 | Listed by Coldwell Banker Realty - Chelmsford | $450,000 | |
| Listed by Coldwell Banker Realty - Chelmsford | |||
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Opportunity to purchase a 1.32 acre buildable, level lot. . . . Cleared, lush and expansive, with scenic views, framed by existing, spectacular rock wall and mature landscape . . . . ANR (Approval not required) Lot, has already been approved by Chelmsford Planning Board. . . . Sewer Stub at property. . . . Buyers and Agents should perform due diligence regarding lot potential. Property sold as-is, where-is. . . . .All showings must be scheduled, and all buyers must be accompanied by their agent. . . . . .Coveted, central area, minutes to highways and schools. . . . .OPPORTUNITY!
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