23 Purcell Drive
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 14, 2025 | Sold | ||
| Sold | |||
| Dec 12, 2024 | In contract | - | |
| In contract | |||
| Dec 5, 2024 | Listed by William Raveis R.E. & Home Services | $549,900 | |
| Listed by William Raveis R.E. & Home Services | |||
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Fantastic opportunity to live on quiet cul-de-sac in desirable Chelmsford neighborhood! This charming split level, raised ranch is primely situated near end of cul-de-sac on a level lot with expansive grassy yard measuring nearly an acre & offering pretty seasonal views of water reserve servicing cranberry bogs. Main level offers kitchen & dining room opening to living room w/fireplace. French doors off dining area lead to deck overlooking lovely backyard. Three aptly sized bedrooms w/hardwood floors & one full bathroom complete this level. Lower level w/loads of potential has half bath, family room, bonus room, storage & laundry area. Valuable features to build your renovations upon include hardwood floors, newer roof, newer furnace & hot water tank & central air. One car garage & shed finish this property which abounds w/endless possibilities. Being sold AS IS. Don't miss the chance for this exciting & manageable project with the promise of great reward!
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| Feb 6, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017