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18 King Street
About This Property
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Cap Rate Calculator
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 3, 2022 | Delisted | - | |
| Delisted | |||
| Sep 28, 2022 | In contract | - | |
| In contract | |||
| Sep 14, 2022 | Listed by Keller Williams Realty | $414,900 | |
| Listed by Keller Williams Realty | |||
| | |||
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This compact, single-family home in Methuen is an amazing opportunity. Features three bedrooms and a full bathroom; enclosed porch and back deck that overlooks fenced yard; four off-street parking spaces (two of them located on the side of the house); two storage sheds for added space. The kitchen has granite countertops, as well as a dining room area with dine-in capabilities. Don't miss this hidden beauty!
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| Jul 29, 2011 | Sold | ||
| Sold | |||
| Sep 13, 2010 | Listed by McGeough Lamacchia Realty, Inc | $80,000 | |
| Listed by McGeough Lamacchia Realty, Inc | |||
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