35 Honora 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 |
|---|---|---|---|
| Dec 30, 2025 | Sold | ||
| Sold | |||
| Nov 13, 2025 | In contract | - | |
| In contract | |||
| Nov 6, 2025 | Listed by Eugenios Arfanakis, Broker | $700,000 | |
| Listed by Eugenios Arfanakis, Broker | |||
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Exceptionally maintained 2-unit multifamily tucked away on a quiet, desirable Dracut street just minutes from UMass Lowell! Both spacious, owner-occupied units feature 2 bedrooms, 1 bath, in-unit laundry, and beautifully updated kitchens and baths with granite countertops, tiled shower, stainless steel appliances, and newer fixtures. Enjoy separate utilities, mini-split cooling, two private decks, and an enclosed porch offering year-round comfort. The fenced-in backyard is perfect for entertaining, with composite decking, a cozy fire pit, and serene wooded views where wildlife often can be seen. Ample off-street parking and countless updates inside and out reflect true pride of ownership. Ideal for an owner-occupant seeking extra income or an investor looking for a turnkey property near schools, shopping, restaurants, and commuter routes. A rare opportunity combining convenience, income potential, and natural beauty!
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| Dec 15, 2022 | Sold | ||
| Sold | |||
| Apr 29, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017