29 Alvin 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 |
|---|---|---|---|
| Jun 7, 2024 | Sold | ||
| Sold | |||
| Apr 1, 2024 | In contract | - | |
| In contract | |||
| Mar 27, 2024 | Listed by RE/MAX American Dream | $534,900 | |
| Listed by RE/MAX American Dream | |||
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Welcome to your dream home nestled on a quiet dead end street in Methuen! This charming 5-room, 3-bedroom abode boasts an updated kitchen featuring granite countertops, gleaming stainless steel appliances, and a convenient center island. The spacious bedrooms are complemented by a brand new full bathroom, while hardwood flooring flows throughout. The partially finished lower level with a half bath offers endless possibilities for expansion, whether you envision a playroom, family room, or home office. Step outside to your spacious fenced-in backyard complete with an oversized deck, gazebo and above ground pool, perfect for those summer gatherings and entertaining guests. Parking will never be an issue with the dual driveway providing ample off-street parking. Plus, enjoy the convenience of being close to all amenities. Don't let this beauty slip away !
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| Mar 27, 2018 | Sold | ||
| Sold | |||
| Jan 19, 2018 | Listed by RE/MAX American Dream | $319,900 | |
| Listed by RE/MAX American Dream | |||
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DON'T LET THIS PASS YOU BY! 2 (formerly buildable) LOTS FOR THE PRICE OF 1! Newly renovated 2-3 bed on one and the rest is currently yard space. Located on a dead-end street and just minutes to all major routes, this Methuen single family has a lot to offer. Don't be deceived, this is NOT your typical ranch layout! Potential of 3 generous sized beds. ALL NEW KITCHEN with white shaker cabinets & island w/ Granite counters, soft-close hardware, newly installed oak hardwood flooring, plumbing, faucet and upgraded GE stainless steel appliances. Freshly painted throughout with a combination of Sherwin Williams 2017 Color of the Year "Poised Taupe" & Their "Mountain Air". New flooring, vanity, toilet & plumbing in bath. Existing hardwood flooring has been re-finished and all new tamper-resistant outlets installed with charging station at kitchen island. Move-in ready, must see!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017