244 Lowell Street
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 |
|---|---|---|---|
| Jun 14, 2024 | Sold | ||
| Sold | |||
| Apr 23, 2024 | Listed by Lamacchia Realty, Inc. | $649,000 | |
| Listed by Lamacchia Realty, Inc. | |||
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Exquisite single-family residence nestled in Methuen! Boasting 4 bedrooms and 2 bathrooms, this meticulously crafted home offers an unparalleled blend of sophistication and comfort. The eat in kitchen features stainless steel appliances, upgraded countertops, a convenient pantry, and a mud area for added convenience. The formal dining room will be perfect for entertaining leading right into the spacious living room; offering access to the deck as well as a fireplace! The first floor provides an office space and a spacious bedroom with dual closets - great potential for a 2nd primary! Retreat upstairs to the serene main bedroom, featuring a full bathroom and dual closets for ample storage. The main bathroom will impress, providing you a soaking tub and shower. Two additional bedrooms and 2nd level laundry wrap up the upper level. Outside, get ready to have fun in the back yard! With plenty of parking, hosting will be a breeze! Dont miss this!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017