Lot 3 Harvard Road
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 |
|---|---|---|---|
| May 10, 2019 | Sold | ||
| Sold | |||
| Dec 26, 2018 | Listed by Cowley Associates | $384,999 | |
| Listed by Cowley Associates | |||
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Awesome opportunity to design your dream home! This spacious colonial has a flexible floor plan with the option of a 4th bedroom or formal dining room. An open concept main floor will boast a beautiful, custom kitchen with granite counters. There will be plenty of counter and storage space. Perfect for entertaining, the kitchen overlooks the dining and living room with hardwood flooring throughout the main level. The second floor has two large bedrooms and a huge master suite with cathedral ceilings, crown moulding and a large walk in closet. A two car garage and high efficiency heating system make this the perfect home for New England winters!
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| May 18, 2018 | Sold | ||
| Sold | |||
| Mar 19, 2018 | Listed by William Raveis R.E. & Home Services | $160,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Lot 3 & 4 Harvard Rd, Shirley, are available in a package for a discounted price. Ready to build! Approved lots. 5 bedroom septic designs with permits in hand. Town water and natural gas at street. Two minutes to Lura White elementary school. 3 minute drive to MBTA commuter rail and downtown Shirley. Walk to Wilde Road Soccer Fields. Only a 15 minute drive to Littleton and Rte 495; 25 minutes to Fitchburg. New 2448 sf, 4-bedroom homes on smaller lots, 2 minutes away, recently sold in the $414K-$427K range.
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