31 Bow Ridge Rd
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 24, 2024 | Sold | ||
| Sold | |||
| Apr 19, 2024 | In contract | - | |
| In contract | |||
| Apr 11, 2024 | Listed by 117 Realty | $645,900 | |
| Listed by 117 Realty | |||
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Welcome to 31 Bow Ridge Road! Nestled in a desirable Ward 1 neighborhood located near the Lynn/Lynnfield line, this 1,600 sqft Ranch Style home provides single level living with lots of natural light and high ceilings throughout. The welcoming foyer leads to a large combined living & dining room with cathedral ceilings. The bright, spacious kitchen has lots of storage & counter space, an arched window over looking the yard and is opened to a fireplace family room with slider leading to deck. Great for both inside and outside entertaining. Just down the hall is the generous size primary bedroom with double closets and private bathroom. Two additional bedrooms, full bathroom & laundry with access to the two car garage completes this lovely home. Conveniently located to Rt 1, 95 & 128.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017