39 Longmeadow Rd
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 23, 2024 | Sold | ||
| Sold | |||
| Jul 31, 2024 | In contract | - | |
| In contract | |||
| Jul 26, 2024 | Listed by Fortunato Agency | $549,000 | |
| Listed by Fortunato Agency | |||
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ONE LEVEL LIVING! THREE BEDROOM RANCH ON A QUIET, LOW TRAFFIC CIRCLE. BRING YOUR DESIGN AND UPDATING IDEAS AND MAKE IT YOUR OWN. 3 SEASON PORCH OFF KITCHEN LEADS TO LARGE, LEVEL, BACK YARD OR TO THE CARPORT. MATURE TREES & SHRUBS. SPACIOUS BASEMENT (BULKHEAD ACCESS TO BACK YARD) WITH PLENTY OF ROOM TO FINISH AS YOU WISH. CARPORT. GENEROUS OFF-STREET PARKING. NEAR SHOPPING, HIGHWAY, MBTA, RESTAURANTS AND ALL THAT BEVERLY HAS TO OFFER. THIS IS A GREAT OPPORTUNITY FOR 1ST TIME BUYER OR IF LOOKING TO DOWNSIZE.
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