25 Davis 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 |
|---|---|---|---|
| Aug 23, 2024 | Sold | ||
| Sold | |||
| Aug 2, 2024 | In contract | - | |
| In contract | |||
| Jul 30, 2024 | Listed by Keller Williams Realty | $429,900 | |
| Listed by Keller Williams Realty | |||
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MULTIPLE OFFERS - OFFER DEADLINE ADDED - SEE FIRM REMARKS - OPPORTUNITY KNOCKING for you to take advantage of the great price for this Cape style home. A perfect start, offering fantastic potential to expand the 2nd floor and add a little sweat equity when money and time permits or continue to use part or all of 2nd floor as good storage space. This property has been well cared for and clean, features Andersen windows, oversized one car detached garage that can potentially fit two small cars, a large and nice naturally lit 3-season room, all set on a good size lot in a beautiful convenient location close to shopping, highways, restaurants, downtown, schools, hospital, the Loop and all the city of Methuen has to offer. Put this one on your list to visit today, it won't last long!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017