332 Varnum 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 |
|---|---|---|---|
| Oct 10, 2024 | Sold | ||
| Sold | |||
| Aug 27, 2024 | In contract | - | |
| In contract | |||
| Aug 15, 2024 | Listed by Keller Williams Realty-Merrimack | $549,900 | |
| Listed by Keller Williams Realty-Merrimack | |||
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This charming 1880 Victorian Colonial home offers a perfect blend of historic elegance and modern convenience. With 8 spacious rooms, including 3/4 bedrooms, this residence features mostly hardwood floors, and a set of pocket doors that add warmth and character throughout. The home is thoughtfully designed with both front and rear staircases, enhancing its classic appeal. A wrap-around porch, partially screened in, provides a delightful space for outdoor relaxation, while a well-maintained side yard offers ample room for gardening or leisure activities. The property includes a two-car garage and is equipped with owned solar panels, contributing to energy efficiency. Located just moments from Lowell General Hospital and the scenic River Walkway, this home is also conveniently close to major routes and the New Hampshire border, making it an ideal location for both work and play. No showings until Sat. & Sun open houses from noon to 1;30, stop by and visit. Quick closing is possible.
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| May 8, 2009 | Sold | ||
| Sold | |||
| Jun 25, 1999 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017