116 Chapman 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 |
|---|---|---|---|
| Jun 21, 2012 | Sold | ||
| Sold | |||
| Nov 10, 2011 | Listed by CENTURY 21 Landmark Realty | $269,900 | |
| Listed by CENTURY 21 Landmark Realty | |||
| Aug 31, 2011 | Sold | ||
| Sold | |||
| Jan 12, 2010 | Listed by Century 21 G. J. Brown R. E. | $159,900 | |
| Listed by Century 21 G. J. Brown R. E. | |||
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Property is being sold as is , as seen. Subject to third party approval. Bring your Ideas and put them to work Cape style home in need of much TLC 2 or 4 bedrooms, fenced yard, off street parking, locasted in Dracut center location. Loads of potential. Buyer to buy as is as seen, any and all testing to be done by buyer and at buyer's cost including smokes and c/o,etc...
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