1 Drew Circle
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 |
|---|---|---|---|
| Apr 18, 2024 | Sold | ||
| Sold | |||
| Mar 5, 2024 | In contract | - | |
| In contract | |||
| Feb 28, 2024 | Listed by Coldwell Banker Realty - Concord | $807,000 | |
| Listed by Coldwell Banker Realty - Concord | |||
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This meticulously renovated and maintained home is located on a cul-de-sac conveniently close to Chelmsford center, conservation land and the Bruce Freeman Rail Trail. Highlights of the home include hardwood floors, stainless steel, granite counters and island in the kitchen, updated bathrooms, replacement windows, central air, new furnace, metal roof and gutters, 200 AMP service upgrade, water softener, and repaved upper driveway. The beautiful sky-lit sunroom spills out to double decks and a firepit in the back yard perfect for entertaining. The lower level family room is equipped with pool table, fireplace and room for other family activities. Included in bedroom #4 is a California Closet installation which can be easily reverted to a bedroom if necessary. A heated bonus room behind the oversized garage is a perfect workout, hobby storage space, or even a separate home office. Come see this gem while it lasts!
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| Jun 13, 2013 | Sold | ||
| Sold | |||
| Apr 10, 2013 | Listed by Coldwell Banker Realty - Concord | $439,900 | |
| Listed by Coldwell Banker Realty - Concord | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017