120 Rangeway Rd
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 9, 2022 | Sold | ||
| Sold | |||
| Feb 12, 2021 | Listed by Compass | $850,000 | |
| Listed by Compass | |||
| | |||
|
Location, Location !! Property situated near Route 3 and I-495. Sits across from Swanson Meadows Golf Course and near Stonewall Farms Condominiums. This property is zoned Rural Residence and has frontage on Rangeway Road. A prospective buyer should perform due diligence to confirm measurements and suitability for their intended use. This is an Estate sale, and the Personal Representative of the Estate has no personal knowledge of the property. The property is being sold "As Is".
| |||
| Jan 3, 2020 | No longer available | - | |
| No longer available | |||
| Sep 27, 2019 | Price Increased |
$1,100,000
↑ $990K
(900%) | |
| Price Increased | |||
| Sep 20, 2019 | Listed | $110,000 | |
| Listed | |||
| | |||
|
We are pleased to offer for sale this 4.6 acre land parcel in a thriving area of North Billerica. This property is situated in close proximity to US Route 3 and I-495, which could make it an excellent commuter location, and it sits across from Swanson Meadows Golf Course and near Stonewall Farms Townhouse Condominiums. This parcel is zoned Rural Residential and has 353' +/- frontage on Rangeway Road, and is approximately 450' +/- deep. According to the Billerica Zoning Table of Uses, RR Zoning allows for Residential, Recreation and other uses by right or special permit. There is an older home on the lot currently. This area has very strong demographics. Broker has obtained information from public records, a prospective buyer should perform due diligence to confirm measurements and suitability for their intended use. This is an estate sale, and the Personal Representative of the estate has no personal knowledge of the property. The property is being sold As Is .
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017