1 Aline 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 |
|---|---|---|---|
| Jun 12, 2017 | Sold | ||
| Sold | |||
| Apr 12, 2017 | Listed by Coldwell Banker Realty - Hingham | $244,900 | |
| Listed by Coldwell Banker Realty - Hingham | |||
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Ranch located on private 0.55 acre corner lot in Peter's Pond Neighborhood in East Dracut. Only 3 miles from I-93 and close to NH. Home has 1 bedroom with the opportunity to add additional bedrooms (connected to town sewer a few years ago). Needs renovating / rehab. Features prep kitchen / mudroom, expansive dining / living areas, 2 full bathrooms, additional square footage with heated four season porch. Lots of storage space & other rooms that would have additional potential. Private well, whole house dehumidifier, propane for cooking & to power generator that is connected directly to the electric panel. Newer metal roof installed a few years ago & updated electrical. Detached 2 car garage with storage & electric. Three additional storage sheds, some with electric. Large, separate cabana building that can me demolished or completely renovated. Above ground pool will need to be removed or replaced, along with the decking. Seasonal views and rights to Peter's Pond. Come check it out!
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| May 27, 1998 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017