19 Loring Road
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 |
|---|---|---|---|
| Mar 16, 2016 | Sold | ||
| Sold | |||
| Jul 31, 2015 | Listed by RE/MAX Destiny | $669,000 | |
| Listed by RE/MAX Destiny | |||
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Well maintained Center Entrance 4 BR Garrison Colonial on a lovely level lot in small cul-de-sac neighborhood, close to West Concord Center, trains and shops. Exterior and interior paint in 2015, new roof (2015), newer furnace (2013), new garage doors and refinished floors. Updated 200 amp electric. Title V in hand.
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