389 Howe Street
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 12, 2024 | Sold | ||
| Sold | |||
| Jun 5, 2024 | Listed by Foundation Brokerage Group | $629,000 | |
| Listed by Foundation Brokerage Group | |||
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Welcome to single level living at it's finest! On the main level you'll find an open kitchen/dining room with hardwood flooring, granite counters and newer appliances. The adjacent living room has hardwood flooring, a wall mount electric fireplace and bay window. Down the hall you'll find three nice sized bedrooms with hardwood floors and a full bath. Connecting the garage to the house is a mud room/office perfect for extra storage and complete with a 2nd fridge and cabinets. A slider opens to a huge deck with newer hot tub. Your 2 car oversized garage has plenty of storage above. The lower level features two rooms and a 3/4 bath perfect for a teen suite/game room or workout area. The unfinished portion features a wood stove and plenty of storage. This home is well maintained with CENTRAL AIR, newer hot water heater, solar panels, vinyl siding and more. You'll love the peaceful country setting, close to shopping, highways, restaurants and all Methuen/Salem/Haverhill has to offer.
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| Jul 30, 2003 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017