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Lot 1 Salem End Road
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 |
|---|---|---|---|
| Nov 13, 2009 | Sold | ||
| Sold | |||
| May 1, 2009 | Listed by HomeFindersMA | $380,000 | |
| Listed by HomeFindersMA | |||
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New construction contemporary split with farmer's porch.Fabulous builder! 3-4 month deliver. Hardwoods, kitchen to include ceramic tile flooring and granite counters. All this on over an acre of land.
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| Apr 27, 2009 | Sold | ||
| Sold | |||
| Jan 26, 2009 | Listed by Coldwell Banker Realty - Framingham | $159,000 | |
| Listed by Coldwell Banker Realty - Framingham | |||
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This beautiful fully conforming level building lot is located in an area of expensive homes. Salem End Rd. in Framingham was voted the fifth best road to live on in the western region of Boston by Boston Magazine in May of 2007. It is a commuters dream! Electric, Gas, Town water and sewer on the street. Seller is willing to hold a second mortgage. Call for more details...
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