16 Carroll 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 |
|---|---|---|---|
| Dec 19, 2024 | Sold | ||
| Sold | |||
| Nov 19, 2024 | In contract | - | |
| In contract | |||
| Nov 12, 2024 | Listed by Coldwell Banker Realty - Lexington | $644,900 | |
| Listed by Coldwell Banker Realty - Lexington | |||
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Perfect opportunity for first-time home buyers or down-sizers seeking single-story living. Located in a highly sought-after neighborhood in West Woburn near the Lexington line. 2020 roof, updated kitchen with granite countertops and fresh paint throughout make this home move-in ready now with potential to add equity later. Thinking future-forward? This specific design lends well to 2nd story additions, with room in the yard for side expansion as well. Even the basement with its ample ceiling height is ready to finish for those keeping an eye out for in-law potential. Recently installed solar panels keep the electricity bill low, even with the 2019 central air system cranking. Why waste money paying high taxes and exorbitant condo fees in other towns? Experience the best of Woburn's famously low cost of living and close-to-Boston location right here! Please submit offers if any by 12:00pm, Monday 11/17/24.
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| Aug 5, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017