16 Langholm Drive
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 |
|---|---|---|---|
| Oct 23, 2024 | In contract | - | |
| In contract | |||
| Oct 17, 2024 | Price Decreased |
$570,000
↓ $5K
(0.9%) | |
| Price Decreased | |||
| Oct 9, 2024 | Listed | $574,900 | |
| Listed | |||
| | |||
|
What a great opportunity! Convenient location to the highway for commuters, downtown Nashua for dining and entertainment, Mine Falls Park for hiking and biking and canoeing or kayaking on the Nashua River. This fabulous raised ranch has been extensively renovated: added counters, backsplash and additional cabinetry in the kitchen, all doors replaced with solid wood, renovated main bathroom, gutted and rebuilt downstairs bathroom, recently replaced and sealed driveway, new water heater, added central A/C, recently painted including sanding and painting the deck. You won't be disappointed with the large detached garage perfect for cars, a workshop or both! Gas fireplace in the family room for additional heat, deck off of the kitchen for fair weather enjoyment - you'll be happy here all year round. Welcome home!
| |||
| Dec 16, 2021 | Sold | ||
| Sold | |||
| Oct 15, 2021 | Listed by Harmony R.E. Inc. | $385,000 | |
| Listed by Harmony R.E. Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017