114 Riverneck 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 |
|---|---|---|---|
| Dec 2, 2024 | Sold | ||
| Sold | |||
| Oct 11, 2024 | In contract | - | |
| In contract | |||
| Oct 3, 2024 | Listed by Blue Point Realty, LLC | $495,000 | |
| Listed by Blue Point Realty, LLC | |||
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Beautifully maintained/renovated 2 bedroom, 1.5 bath colonial in Chelmsford. This home has been lovingly maintained. First floor includes covered front porch, living area, dining area, kitchen w/ large paintry and full bath w/ laundry. Second floor you will find a cozy den with custom built-ins, 1/2 bath w/ built-ins (large enough to make full bath if you would like), two bedrooms & large storage closets. The seller has completed the following updates over the years: vinyl windows, vinyl siding, installation of solar panels (no monthly fees), upgraded electric, plumbing, heating w central air conditioning (95% efficiency in 2020) & an on demand gas whole house generator. There are also laminate floors, refinished baths, ceiling fans, town water, town septic & a fantastic garage/carport/work area. There is a patio area, garden space & the lot abuts conservation area. Close to major routes & Chelmsford Center. Welcome Home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017