Parcel 1&2 Lovewell St
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 26, 2016 | Sold | ||
| Sold | |||
| May 23, 2016 | Listed by Keller Williams Realty-Merrimack | $99,800 | |
| Listed by Keller Williams Realty-Merrimack | |||
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ATTENTION DEVELOPERS: 2 ANR (approvals not required) lots available with 2 acres each. $49,900 each. More land available (21 abutting acres) if wanted. Many uses are permitted according to the City of Gardner's Table of Uses. Buyer to research permitting. Natural country stone wall surrounds the frontage. It appears that it can be used for Agricultural, single family dwelling, open space development with special permitting, and many other uses. Land will be staked and surveyed. Houses in the area sell for approx $225-250 for a 3-bedroom, 2.5 bath colonial.
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| Mar 7, 2013 | Sold | ||
| Sold | |||
| Dec 1, 2011 | Listed by Coldwell Banker Residential Brokerage - Leominster | $29,000 | |
| Listed by Coldwell Banker Residential Brokerage - Leominster | |||
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Two lots for the price of one! Purchase both these lots together, or we have a builder that will build the home of your choice (your plans or ours). Convenient to downtown, shopping, Fitchburg State University and the commuter rail. Very motivated seller says "make me an offer"!
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| Jun 13, 2003 | Sold | ||
| Sold | |||
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