38 Concord 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 |
|---|---|---|---|
| Sep 17, 2024 | Sold | ||
| Sold | |||
| Aug 14, 2024 | In contract | - | |
| In contract | |||
| Aug 12, 2024 | Listed by Coldwell Banker Realty - Chelmsford | $549,000 | |
| Listed by Coldwell Banker Realty - Chelmsford | |||
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Charming Chelmsford Cape style home loaded with charm! Center entrance opens to living room and dining room with gleaming hardwood flooring. Cheerful eat in kitchen offers ample cabinet space, recessed lighting, gas stove and dishwasher. An updated full bath plus bedroom with large closet on first floor. Newer addition sunroom with gas stove f/p overlooks deck and private back yard for outdoor enjoyment. Second floor cathedral ceiling primary bedroom with sky lights and adjacent full bath includes ceramic tile flooring and vanity. Oversized one car garage with walk up attic affords extra storage.
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| Sep 30, 1997 | Sold | ||
| Sold | |||
| Jul 30, 1997 | Listed by Coldwell Banker Realty - Chelmsford | $139,900 | |
| Listed by Coldwell Banker Realty - Chelmsford | |||
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