24 8th 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 |
|---|---|---|---|
| Feb 1, 2023 | Sold | ||
| Sold | |||
| Dec 22, 2022 | In contract | - | |
| In contract | |||
| Dec 7, 2022 | Listed by Berkshire Hathaway HomeServices Verani Realty Methuen | $540,000 | |
| Listed by Berkshire Hathaway HomeServices Verani Realty Methuen | |||
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Tucked away in the quiet Pawtucketville section of Lowell, this charming 11 room colonial has been impeccably maintained throughout the years. Starting with a spacious kitchen including a wall of beautifully intricate mosaic art, formal dining room, sitting room, living room and laundry room with a 1/2 bath. Boasts 3 large bedrooms and full bath on the 2nd floor and additional 2 bedrooms on the 3rd level one with a 3/4 bath. A back deck that overlooks incredibly landscaped grounds with a variety of flowers; Japanese Maple trees and Japanese Umbrella trees. Plus a 2-car garage with lots of storage and plenty of off-street parking.
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| Nov 30, 2022 | Temporarily off market | - | |
| Temporarily off market | |||
| Nov 7, 2022 | Price Decreased |
$575,500
↓ $5K
(0.9%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017