1291 Varnum Avenue
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 28, 2024 | Sold | ||
| Sold | |||
| May 8, 2024 | Listed by Coldwell Banker Realty - Haverhill | $599,000 | |
| Listed by Coldwell Banker Realty - Haverhill | |||
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Check out this 3 bedroom, 2 bath expanded cape with attached 2-car garage with Central AC located on a corner lot in the Pawtucketville section of Lowell! This home is ideal for a large or a multi-generational household featuring a flexible floor plan with two separate living areas. The first-floor primary bedroom has a private entrance, a huge walk-in closet and a large full bathroom. The additional two bedrooms are upstairs with ample closet space. Recent improvements include upgraded hardwood flooring through most of the home, newer windows, freshly painted throughout, upgraded light fixtures and a refreshed laundry space. This home does not lack in space with additional square footage in the unfinished basement for more storage or future expansion possibilities. This excellent commuter location is close to public transportation, UMass Lowell, restaurants and major highways. Open house Saturday May 18th 11-1 & Sunday May 19th 11-1
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| Nov 8, 2023 | Sold | ||
| Sold | |||
| Apr 7, 2021 | Sold | ||
| Sold | |||
| Dec 11, 2020 | Listed by Coldwell Banker Realty - Haverhill | $429,000 | |
| Listed by Coldwell Banker Realty - Haverhill | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017