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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 |
|---|---|---|---|
| Aug 28, 2024 | Sold | ||
| Sold | |||
| Jul 25, 2024 | In contract | - | |
| In contract | |||
| Jul 18, 2024 | Listed by Keller Williams Realty-Merrimack | $1,200,000 | |
| Listed by Keller Williams Realty-Merrimack | |||
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Welcome to your own private oasis in Westford, where luxury & tranquility converge. Nestled on a serene 1.75-acre lot, this stunning colonial residence offers the perfect blend of comfort & sophistication. Upon entering, you are greeted by gleaming hardwood floors that guide you through the spacious living room, adorned with a cozy gas fireplace, ideal for gatherings & relaxation. The first floor boasts a convenient office space, ensuring productivity without sacrificing the comforts of home. The heart of the home lies in the gourmet kitchen, complete with modern appliances, ample counter space, & sliders onto a deck overlooking the lush backyard. Adjacent is the formal dining room, perfect for hosting elegant dinners or casual family meals. Upstairs, the primary suite awaits, offering a peaceful retreat with its own private bath and generous closet space. Three additional bedrooms provide versatility for guests, children, or hobbies. Look no further to discover your personal paradise!
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| Nov 16, 2017 | Sold | ||
| Sold | |||
| Jun 2, 2017 | Listed by Keller Williams Realty-Merrimack | $729,000 | |
| Listed by Keller Williams Realty-Merrimack | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017