151 Turnpike Road
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 |
|---|---|---|---|
| May 7, 2024 | Sold | ||
| Sold | |||
| Apr 5, 2024 | In contract | - | |
| In contract | |||
| Mar 27, 2024 | Listed by Realty One Group Nest | $565,000 | |
| Listed by Realty One Group Nest | |||
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Owned and meticulously kept by the same family for almost 60 years. Sitting on over 1/2 of an acre in one of Chelmsford most sought after neighborhoods this ranch has been constantly updated. Features include fireplaced family room, primary bedroom with bath, one car garage with storage above, large laundry room, Updates include, plumbing and electrical, freshly painted inside and out, energy efficient windows, new exterior door, high efficiency heating system with super store for endless amounts of hot water, stylish kitchen with under cabinet lighting. A beautiful back yard that is mostly fenced in just waiting for those summer nights. A commuters dream located close to RTE 3 and 495.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017