12 Macarthur Rd
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 |
|---|---|---|---|
| Sep 30, 2020 | Sold | ||
| Sold | |||
| Jul 23, 2020 | Listed by Cameron Prestige, LLC | $499,900 | |
| Listed by Cameron Prestige, LLC | |||
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This property is located in the heart of North Reading on a 20,000 square foot, flat lot. Open kitchen, dining room and living room. Three great size bedrooms and a full bathroom. The lower level offers a beautiful finished fireplace family room, perfect for entertaining or watching the game. Central Air. The lower level also has a perfect guest room or office. The best feature of this home is the deck and private large yard. It feels like the only house on the street. If you are looking to make your mark this is the house for you! Call listing broker with any questions.
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| Nov 1, 2002 | Sold | ||
| Sold | |||
| Jun 21, 2002 | Listed by Compass | $359,900 | |
| Listed by Compass | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017