42
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123 Patten 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 |
|---|---|---|---|
| Oct 23, 2026 | Listed by RE/MAX Realty Experts | $749,000 | |
| Listed by RE/MAX Realty Experts | |||
| Aug 10, 2026 | Sold | ||
| Sold | |||
| Jul 11, 2026 | In contract | - | |
| In contract | |||
| Jun 28, 2026 | Listed by LAER Realty Partners | $549,900 | |
| Listed by LAER Realty Partners | |||
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Attention contractors and investors, looking for a birthday present for America's 250th birthday? Look no further than 123 Patten Rd Tewksbury, located on the corner of Chester Street in the heart of Tewksbury close to Rt 38 and minutes to Rt 93 and 495. This spacious 4 bedroom cape has loads of potential boasting large bedrooms, a newer roof, a huge flat yard that would be great for an addition or a possible ADU or 2 car garage. This home is the perfect summer project that would be ready for the fall. The kitchen and bath are a little dated but livable. It could use some cosmetic updating, and has nice hardwood floor under rugs. The basement is partially finished which could add to your living area. The oil furnace has been updated, and has a newer oil tank and a 100 amp electrical serve. This place is a diamond in the rough. With some sweat equity you could make this place shine. Hurry, this isn't going to last at this low price. This home is being sold in AS IS Condition.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017