16 Elm Street
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 1, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $289,000 | |
| Listed | |||
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Antique Lover? Opportunity Knocks - Looking for a Classic New England Antique Colonial c.1782...? This very special property will not disappoint those individuals with vision, that are looking for something that is completely different and unique and are willing to complete necessary updates and build on some sweat equity to bring this property back to it's original glory. Listen to the church bells ring in the pretty spot, just off Main Street. Location, character, history and charm abound in this 3604 sq. ft.,10 room, possible 5 bedroom home. Many fine original details with wide pine floors, intricate moldings, fireplace with mica inlay, high ceilings, original doors, spacious rooms and more. Enjoy all the Pepperell has to offer with small town charm within walking/riding distance to Town Hall, Lawrence Library, Local churches, Pepperell Recreation Fields and Nashua River Rail Trail. Property abuts conservation land and trails. Small in-law unit. A must see!The manager has listed the unit size as 3604 square feet.
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| Jul 6, 2017 | Listed by Keller Williams Realty-Merrimack | $255,000 | |
| Listed by Keller Williams Realty-Merrimack | |||
| Oct 30, 1996 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017