106 Pitman Street
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 |
|---|---|---|---|
| Dec 30, 2019 | Sold | ||
| Sold | |||
| Mar 5, 2019 | Listed by Connie Doto Realty Group | $328,720 | |
| Listed by Connie Doto Realty Group | |||
| Mar 8, 2006 | Sold | ||
| Sold | |||
| Apr 29, 2004 | Sold | ||
| Sold | |||
| Feb 23, 2004 | Listed by Coco, Early & Associates | $289,500 | |
| Listed by Coco, Early & Associates | |||
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IN-LAW POTENTIAL IN THIS DESIRABLE METHUEN LOCATION.1ST FLR OFFERS SPACIOUS EAT-IN KITCHEN W/RAISED WOODWORK.STEP DOWN LIVING ROOM W/FIREPLACE.TWO BEDROOMS ON MAIN LEVEL.BASEMENT OFFERS ANOTHER KITCHEN AND ADDITIONAL ROOMS.TWO CAR GARAGE.
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