2 Bungalow Ave
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 6, 2025 | Sold | ||
| Sold | |||
| Nov 20, 2024 | In contract | - | |
| In contract | |||
| Oct 30, 2024 | Listed by Team Zingales Realty, LLC | $579,900 | |
| Listed by Team Zingales Realty, LLC | |||
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Welcome to 2 Bungalow Ave - a fully renovated home for sale in Methuen, perfect for all homebuyers. This move-in-ready property boasts a modern open-concept living space with an upgraded kitchen featuring quartz countertops, stainless steel appliances, and a cozy dining nook with a stylish pendant light. Enjoy three spacious bedrooms, each with hardwood floors and ample closet space, plus a brand-new deck overlooking a fenced backyard—ideal for gatherings and relaxation.The partially finished basement offers additional living space with expansion potential, making this Methuen home for sale a versatile choice for any lifestyle. Located minutes from Routes 213, 495, and 93, it’s a prime commuter location with nearby access to The Loop, Tuscan Village shopping, and tax-free Southern NH shopping. With new electric service and high-end finishes throughout, this renovated Methuen property is ready for you. Just turn the key and enjoy modern, stress-free living!
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| Jul 30, 2024 | Sold | ||
| Sold | |||
| Jul 12, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017