11 Breen Ave.
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 20, 2024 | Sold | ||
| Sold | |||
| Nov 26, 2024 | In contract | - | |
| In contract | |||
| Nov 19, 2024 | Listed by LAER Realty Partners | $399,900 | |
| Listed by LAER Realty Partners | |||
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Welcome home to this sweet stucco ranch on one of East Methuen's half-circle streets. The same family has lovingly maintained this two-bedroom house for 35+ years, and it's now waiting for its new owners to bring their ideas to make it their own. From its open-concept fireplace living/dining room to the eat-in kitchen, the space is just waiting for a large gathering or party. During good weather, open the door for guests to spill out to the porch and large yard. The kitchen hosts loads of counter and cabinet storage space and an attached sitting room. the rest of the first floor is home to graciously sized bedrooms with wonderful closet space, a hallway linen closet, and a bathroom. The lower level hosts the one-car garage, basement w/high ceilings, washer/dryer hookups, a workshop, and full walkout access to the backyard and one of the two driveways. This one that you won't want to miss. Highest & Best offers due 11/25 by 5pm.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017