31 Maple 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 |
|---|---|---|---|
| Jun 3, 2024 | Sold | ||
| Sold | |||
| Apr 24, 2024 | Listed by GDP Real Estate Group, LLC | $825,000 | |
| Listed by GDP Real Estate Group, LLC | |||
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Welcome to Birch Hill Estates! Beautiful colonial set in one of Methuen's most desirable neighborhoods. This Home has been meticulously maintained, and pride of ownership shines throughout. Grand entrance into a two-story foyer leading to a large open concept Kitchen/dining area which leads into the oversized family room with Vaulted ceilings. Rounding out the first floor is a formal living and dining room, half bath and laundry. 3 Generous sized bedrooms including a main bedroom with w/ vaulted ceiling, ensuite bath w/ jacuzzi tub and walk in closet. Backyard was recently completed & features, fruit trees, a garden, patio and plenty of green space with a partially fenced in yard. Additional features include unfished basement with 10-foot ceiling height, gas cooking + heat, 2 car garage, central AC, central vacuum and much more. This home has many new upgrades over the years including a new roof (2023) and new gas heating system (2017). An opportunity not to be missed!
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| Nov 7, 2003 | Sold | ||
| Sold | |||
| Apr 16, 2003 | Listed by GDP Real Estate Group, LLC | $449,900 | |
| Listed by GDP Real Estate Group, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017