12 Lowell 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 |
|---|---|---|---|
| Jun 30, 2023 | Sold | ||
| Sold | |||
| Apr 5, 2023 | In contract | - | |
| In contract | |||
| Mar 30, 2023 | Listed by Classified Realty Group | $475,000 | |
| Listed by Classified Realty Group | |||
| | |||
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Don't miss your opportunity to move into North Reading! Cute 2 bedroom 1 bath ranch on large level corner lot! Open concept kitchen, dining and living room. Partially finished lower level offers plenty of additional living space. Convenient location to highways, shopping and restaurants. Excellent opportunity for first time home buyers or great condo alternative! Award winning school system! Roof and heating systems are newer. Showings begin at Oh Sat 4/1st 12 to 1:30 and Sun 4/2nd 12 to 1:30.
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| Aug 30, 2022 | No longer available | - | |
| No longer available | |||
| Aug 12, 2022 | Price Increased |
$495,000
↑ $46K
(10.2%) | |
| Price Increased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017