40 Strathmore 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 |
|---|---|---|---|
| Sep 4, 2024 | Sold | ||
| Sold | |||
| Aug 2, 2024 | In contract | - | |
| In contract | |||
| Jul 8, 2024 | Listed by Berkshire Hathaway HomeSevices Verani Realty Lawrence | $539,900 | |
| Listed by Berkshire Hathaway HomeSevices Verani Realty Lawrence | |||
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You won't want to miss this Charming Colonial in West Methuen, Ma featuring 3 bedrooms, central vacuum and a spacious floor plan for easy living! You will fall in love with the deck area and private back yard ideal for enjoying the summer months. Perhaps a pool is in your future? Two car detached garage, storage shed provide great storage. Close proximity to major highways makes it a commuter's dream. Don't miss out on the opportunity to own this beautiful house. schedule a showing today!
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| Oct 4, 2023 | Sold | ||
| Sold | |||
| Nov 19, 1993 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017