385 Howe 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 |
|---|---|---|---|
| Jul 23, 2024 | Sold | ||
| Sold | |||
| Jun 12, 2024 | Listed by Keller Williams Elite | $545,000 | |
| Listed by Keller Williams Elite | |||
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Prepare to be enchanted by this amazing home in a quiet Methuen neighborhood close to the NH line! Completely gut-renovated in 2012, this 2 BR, 1.5 bath exudes warmth & charm upon entering from a classic farmers porch. Find an open 1st level living area, perfect for entertaining, with a kitchen/LR combo highlighted by a large island, stainless appliances and majestic cherry cabinets. A gas fireplace will keep you cozy when cooler weather arrives. Step upstairs to find a large bedroom with multiple closets and a graceful, overhead lunette window. Across the hall is the spa-like full bath with a mosaic tiled shower and rejuvenating dual shower heads, followed by the laundry area. The second, generous sized bedroom wraps up the interior. Outside, past the freestanding garage is a country oasis with a huge (1+ acre) yard and a sizable wooded area that extends far back. Lots of possibilities here. Minutes from highways 93/213/495 and all that Salem, Methuen & Haverhill offer. Not to miss!
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| May 6, 2021 | Sold | ||
| Sold | |||
| Sep 14, 2011 | Sold | ||
| Sold | |||
| Feb 14, 2011 | Listed by Keller Williams Elite | $109,900 | |
| Listed by Keller Williams Elite | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017