18 Smith Lane
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 |
|---|---|---|---|
| Jan 24, 2014 | Sold | ||
| Sold | |||
| Jul 27, 2013 | Listed by Bean Group | $629,000 | |
| Listed by Bean Group | |||
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QUALITY NEW CONSTRUCTION! 7 room 3 Bedroom 2.5 bath Colonial on quiet side street in desirable West Medford location! Gleaming oak floors throughout 1st floor level. Custom built kitchen featuring breakfast island, granite countertops and stainless steel appliances. Central Air, Central Vacuum .Professionally landscaped with irrigation system. Still time to pick your interior paint colors! Minutes to Tufts University and West Medford Commuter Rail to Boston
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| Feb 28, 1990 | Sold | ||
| Sold | |||
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