38 Concord Road
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 |
|---|---|---|---|
| Aug 27, 2024 | Sold | ||
| Sold | |||
| Aug 7, 2024 | In contract | - | |
| In contract | |||
| Jul 30, 2024 | Listed by Keller Williams Realty-Merrimack | $525,000 | |
| Listed by Keller Williams Realty-Merrimack | |||
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Wonderful opportunity in the desirable town of Westford: three bedroom ranch home on a beautiful, ¾ acre flat lot. You will love the large eat in kitchen with tons of great cabinet and counter space, stainless French door refrigerator and Bosch dishwasher. In addition to the attached garage, there is a huge (approximately 800 square feet) detached workshop with electricity, a woodstove and hardwood floors plus several other storage sheds in the yard. Interested in gardening, woodworking or auto restoration? Great property to enjoy your hobbies in a convenient location near several schools, shopping, Forge Pond and highways! The roof was replaced in 2015 and the 4 bedroom septic system provides the possibility of future expansion.
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| Sep 3, 1993 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017