15-A Sylvan Rd #2
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 |
|---|---|---|---|
| Aug 27, 2021 | Sold | ||
| Sold | |||
| Jun 16, 2021 | Listed by RE/MAX American Dream | $319,000 | |
| Listed by RE/MAX American Dream | |||
| | |||
|
Amazing opportunity to own in Billerica for under $325k! This property has the space and privacy of a single family with no condo fees! Upon entering, you will be greeted by a warm and inviting living room with a fireplace and picture window that boasts tons of natural light. Hardwood floors flow throughout much of the top floor and there is plenty closet and storage space. The living room is open to the dining room and flows into the sunlit kitchen, featuring granite counters and another eat in area. Down the hallway you will find the master bedroom and a full bath with tub and shower. The lower level has 3 spacious rooms including a bedroom, family room and office, all recenty carpeted. There is plenty of entertaining space out back including an enclosed porch, outdoor patio and fire pit. Freshly painted exterior and several rooms on the interior. New heating system installed June 2020. Offers due Monday 6/21 at 12:00 PM. Please make offers good until Tuesday at 12:00PM.
| |||
| Jul 10, 2015 | Sold | ||
| Sold | |||
| Sep 29, 2006 | Sold | ||
| Sold | |||
| Aug 16, 2006 | Listed | $249,900 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/16/2021
|
Loft
|
1 Bath
|
1561 ft²
|
$319,000
Loft
1 Bath
1561 ft²
|
$345,000
+8.15%
08/27/2021
|
Bridget DiEoreo
RE/MAX American Dream
| |
|
03/06/2015
|
Loft
|
1 Bath
|
1561 ft²
|
$265,000
Loft
1 Bath
1561 ft²
|
$255,000
-3.77%
07/09/2015
|
Rachel Imlach
Woods Real Estate
| |
|
08/16/2006
|
4 Bed
|
1 Bath
|
1200 ft²
|
$249,900
4 Bed
1 Bath
1200 ft²
|
$244,000
-2.36%
09/29/2006
|
Sandra Ann Ciccone
| |
|
01/27/2001
|
Loft
|
1 Bath
|
804 ft²
|
$159,900
Loft
1 Bath
804 ft²
|
$159,900
03/27/2001
|
Joan Hughes
RE/MAX Prestige
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017