38 Longmeadow Drive
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 4, 2022 | Sold | ||
| Sold | |||
| Jul 18, 2022 | Listed by RE/MAX Insight/Manchester | $69,900 | |
| Listed by RE/MAX Insight/Manchester | |||
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Welcome home to this cute 3 bedroom 1-1/2 bathroom home with new furnace (Jan 2022) and central A/C (May 2022). This home has a good layout with eat-in kitchen and nicely sized living room. This is a pet friendly park so bring your furry friend! Excellent location with quick and easy access to 89 and 93 and only 10 minutes from all that downtown Concord has to offer.
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| Jun 30, 2021 | Sold | ||
| Sold | |||
| May 20, 2021 | Listed by Keller Williams Realty-Metropolitan | $46,900 | |
| Listed by Keller Williams Realty-Metropolitan | |||
| Apr 4, 2011 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017