15-19 River 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 |
|---|---|---|---|
| Nov 12, 2024 | Sold | ||
| Sold | |||
| Oct 20, 2024 | In contract | - | |
| In contract | |||
| Oct 19, 2024 | Relisted | $169,000 | |
| Relisted | |||
| Oct 16, 2024 | In contract | - | |
| In contract | |||
| Oct 8, 2024 | Listed by Compass | $169,000 | |
| Listed by Compass | |||
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Discover the potential of this 2-bedroom mobile home, situated on a beautiful 3-acre lot just minutes from downtown Pepperell. Offering an affordable lifestyle with no association fees, this property presents a unique opportunity for someone ready to roll up their sleeves and add their personal touch. The land features a mix of wetlands, providing a peaceful, natural setting. The land & home are located within a 100-year flood plain however per the sellers, they have never had water. With plenty of space for parking, the property also includes a garage that offers even more possibilities for the new owner. Enjoy the privacy of owning 3 acres, where you can create your own haven while still being conveniently located near town amenities. If you're seeking an affordable home with potential for renovation and customization, this is the perfect spot for you. Buyers & buyer's agent to perform all due diligence. Subject to seller finding suitable housing. Sellers are actively looking.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017