100 Spring 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 |
|---|---|---|---|
| Jan 17, 2014 | Sold | ||
| Sold | |||
| Nov 21, 2013 | Listed by Coldwell Banker Realty - Andover | $314,899 | |
| Listed by Coldwell Banker Realty - Andover | |||
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Have you been waiting for the perfect house to come on the market? Well wait no longer, this property was worth the wait. This home has been fully renovated since 2009, including new cherry floors, new walls, ceilings, propane heating and on demand hot water and central air. Additional features include 2013 new roof, new family room with Berber carpeting in lower level, new walls and new bedrooms and laundry are with washer & dryer in lower level, security system, new driveway. Brand new entertainment size deck extending from 3 season porch to master bedroom. The property has been connected to sewer in 2012. All this overlooking a scenic country setting that surrounds this home. Only minutes from Exit 47 off Rt 93!! A must see home!
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| Jun 15, 2009 | Sold | ||
| Sold | |||
| Feb 17, 2009 | Listed by LAER Realty Partners | $194,900 | |
| Listed by LAER Realty Partners | |||
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ACCEPTED OFFER - AWAITING CONTRACTS*** Buyer to sign seller's addendum, Pre-Qualification or proof of funds must be submitted w/ all offers. $1000 deposit re-quired. Do not remove keys from lockbox. Do not send buyer to view property unaccompanied. **Copper piping is missing from the property - water will not be turned on for home inspection** Property has a failed septic - Town of Dracut plans to install sewer lines in Fall 2009, homeowner will have the option of connecting to public sewer
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| Oct 31, 1994 | Sold | ||
| Sold | |||
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