3 Commonwealth Ave
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 6, 2024 | Sold | ||
| Sold | |||
| Aug 12, 2024 | In contract | - | |
| In contract | |||
| Jul 26, 2024 | Listed by Property Investors & Advisors, LLC | $519,000 | |
| Listed by Property Investors & Advisors, LLC | |||
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WOW! AMAZING! Welcome to this hidden gem, gorgeous RANCH style home, nestled in a prestige neighborhood in South Lowell. Completely RENOVATED. From TOP to BOTTOM. Open concept with a family friendly layout, built w/style. This home has it all. Brand new custom kitchen with quartz countertop, gas range, and stainless-steel appliances. All newly vinyl floors! Master bedroom w/full master bath. Brand new second bathroom in the hallway. Many updates as the interior and exterior were just professionally painted and new roof! Finished basement is perfect to use as an additional living space, central heat and central AC (HVAC), A nice backyard and a large deck for entertainment. Located only seconds from the highway off route 495 on the Lowell, Tewksbury side of town or turn in the opposite direction and you are minutes away from the train station down the street in Billerica. All this located across the street from a children’s playground! A MUST SEE!
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| Feb 16, 2024 | Sold | ||
| Sold | |||
| Jan 24, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017