38 Middle St
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 |
|---|---|---|---|
| Feb 5, 2026 | Sold | ||
| Sold | |||
| Dec 21, 2025 | In contract | - | |
| In contract | |||
| Nov 21, 2025 | Price Decreased |
$999,000
↓ $51K
(4.9%) | |
| Price Decreased | |||
| Oct 30, 2025 | Price Decreased |
$1,050,000
↓ $50K
(4.6%) | |
| Price Decreased | |||
| Oct 16, 2025 | Listed by eXp Realty | $1,099,999 | |
| Listed by eXp Realty | |||
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Highly desirable location. Only 3 minutes from RT 95. Minutes away from downtown Woburn, new stores and restaurants. Property features 4 bedrooms, 2 bathrooms with open floor plan. The first floor blends the kitchen, dining and living room creating the perfect setting for family living and entertaining. Big garage with 2 side entrances and plenty of room for storage. New renovated backyard shed that can be used both as a storage and working station. Backyard is nicely leveled and enclosed with recently installed vinal fences. Laundry area with utility sink. Kitchen features stainless steel appliances, granite counters and island cooktop with hood. Do not miss out on a great opportunity to get your dream house....
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017