255 White St
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 |
|---|---|---|---|
| Sep 1, 2024 | No longer available | - | |
| No longer available | |||
| Apr 18, 2024 | Relisted | $299,900 | |
| Relisted | |||
| Apr 11, 2024 | In contract | - | |
| In contract | |||
| Apr 3, 2024 | Listed by TQ Realty Inc. | $489,888 | |
| Listed by TQ Realty Inc. | |||
| | |||
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LOCATION, LOCATION, LOCATION. This 4 bedroom single family house, with 2 off-street parking, and lot of on-street parking, 3-minute walking to UMass Lowell North Campus, is a great opportunity for investments or owner occupy. The outdoor patio is awesome for inviting families, friends over, BBQing, or just simply sitting and relaxing. Upstairs has a small room which can be converted to a full piece bathroom, or used as 5th bedroom. Currently there are two students living in the property with monthly rent $700 + utilities (electricity and natural gas) shared. One lease ends on 5/31/2024, and the other ends on 8/31/2024. Buyer must acknowledge the current lease agreements if purchased prior to the lease expiration date. Photos attached were taken before rented out.
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| Apr 30, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017