401 Middlesex Ave
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 |
|---|---|---|---|
| Oct 16, 2025 | Sold | ||
| Sold | |||
| Sep 10, 2025 | In contract | - | |
| In contract | |||
| Sep 3, 2025 | Listed by Leading Edge Real Estate | $525,000 | |
| Listed by Leading Edge Real Estate | |||
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Welcome to this fantastic 3-bedroom, 1.5-bath ranch nestled in a sought-after North Wilmington neighborhood. Perfectly positioned within walking distance to the commuter rail with direct access to Boston, this home offers the ideal blend of comfort and convenience. The spacious living and dining areas provide ample space for both relaxing and entertaining. The kitchen offers plenty of cabinetry and potential for your personal touch. The interior does need some updating but the major improvements have been done, roof, some windows, heating and cooling. Outside, enjoy a fully fenced backyard—perfect for pets, play, or gardening—and a large, attached 2-car garage with additional storage. This single-level home provides easy living making it a great option for first-time buyers, or down sizers.Don't miss this opportunity to own a solid home in a commuter-friendly neighborhood.
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| Dec 30, 2010 | Sold | ||
| Sold | |||
| Apr 9, 2010 | Listed by NORTHEAST REALTYPARTNERS | $279,900 | |
| Listed by NORTHEAST REALTYPARTNERS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017