26 Temple 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 |
|---|---|---|---|
| Apr 29, 2022 | Sold | ||
| Sold | |||
| Mar 18, 2022 | Listed by William Raveis R.E. & Home Services | $495,000 | |
| Listed by William Raveis R.E. & Home Services | |||
| May 28, 2015 | Sold | ||
| Sold | |||
| Mar 31, 2013 | Listed by Coco, Early & Associates | $240,000 | |
| Listed by Coco, Early & Associates | |||
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Two bedroom ranch with one bedroom in-law apartment located in West Methuen in the Marsh school district. Large fenced in private back yard, 2 car attached garage, eat-in kitchen, partially finished basement currently used as family/game room. Lots of storage and/or workshop in basement of in-law. Home needs a new roof (currently patched) and updating, but perfect for buyer looking for one level living with an in-law. Sold in as-is condition & subject to third party approval.
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| Feb 8, 2007 | Sold | ||
| Sold | |||
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