229 New Boston Rd
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 |
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| Nov 29, 2025 | No longer available | - | |
| No longer available | |||
| Jun 11, 2025 | Withdrawn | - | |
| Withdrawn | |||
| May 29, 2025 | Listed by United Brokers | $429,900 | |
| Listed by United Brokers | |||
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Welcome to this well-maintained 3-bedroom, 2-bath ranch-style home set on over a third of an acre in a sought-after Dracut neighborhood. This single-level gem offers the perfect blend of comfort and convenience with central heat and central air, making every season a breeze. Enjoy the benefits of an oversized 2-car garage plus additional off-street parking—ideal for guests, work vehicles, or recreational gear. The interior boasts a functional layout with plenty of space to live, relax, and entertain. Step outside to a generous backyard featuring an in-ground pool that needs a little repairing—imagine the possibilities for summer gatherings and backyard fun once restored to its full potential. Located just moments from the beloved Shaw's Dairy Farm, you’ll enjoy the charm of local living with fresh ice cream, farm goods, and community vibes right down the road. Whether you're looking to settle in as-is or customize to your taste, this house is in a location that truly feels like home.
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| Mar 8, 2019 | Sold | ||
| Sold | |||
| Sep 5, 2018 | Listed by AA Premier Properties, LLC | $226,000 | |
| Listed by AA Premier Properties, LLC | |||
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Ranch style home with a walk out basement. Inground pool and fenced in yard. Newer driveway. This house will most likely not pass FHA guidelines due to condition. Conventional or cash offers only. Bank approved price.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017