338 Donohue 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 16, 2023 | Sold | ||
| Sold | |||
| May 24, 2023 | In contract | - | |
| In contract | |||
| May 19, 2023 | Listed by LAER Realty Partners | $454,900 | |
| Listed by LAER Realty Partners | |||
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Welcome to this 3 bdrm, 1.5 bath cape-style home nestled in the serene community of Dracut, MA. This quaint residence holds immense potential, perfect for those looking to unleash their creativity and give this house a fresh new look. Being solely owned by 1 family since 1954, this home has been meticulously maintained and a ton of love has been poured into this property and it certainly shows! Main floor features a traditional layout with a kitchen, dining and a comfortable living room along with 2 bedrooms and a full bath making single level living a dream come true. The upper level offers a roomy half bath & a large front to back bdrm. There is also opportunity to finish a spacious 4th bdrm (currently being used as storage). Enjoy morning coffee surrounded by windows on the year round sun porch heated by a wood-burning stove. Situated on a double lot. Loads of Potential in basement as well! Move right in and start enjoying! Open House 5/21 @ 12-2. You don't want to miss this one!
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| May 10, 2023 | Withdrawn | - | |
| Withdrawn | |||
| Apr 24, 2023 | Price Decreased |
$534,000
↓ $15K
(2.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017