116 Concord 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 |
|---|---|---|---|
| Mar 12, 2024 | Sold | ||
| Sold | |||
| Jan 16, 2024 | In contract | - | |
| In contract | |||
| Oct 11, 2023 | Listed by RE/MAX Triumph Realty | $869,900 | |
| Listed by RE/MAX Triumph Realty | |||
| Dec 2, 2005 | Sold | ||
| Sold | |||
| Aug 21, 2005 | Listed by Burns & Egan Realty Group, LLC | $269,000 | |
| Listed by Burns & Egan Realty Group, LLC | |||
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Cozy home nestled in the woods worth a second look! Features: Two generous sized brs, newer furnace. Detached 14x44ft+/- garage has a separate heated bonus room with shower that has potential use for a home hobbyist or fitness room.Just minutes to Route 3,4 and 3A. Town Water and Sewer. Close to Billerica Center and just ready to move in!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017