5 Youngfarm Road
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 |
|---|---|---|---|
| Dec 27, 2022 | Sold | ||
| Sold | |||
| Nov 23, 2022 | In contract | - | |
| In contract | |||
| Nov 17, 2022 | Listed by Cameron Prestige, LLC | $474,900 | |
| Listed by Cameron Prestige, LLC | |||
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Coveted and convenient Methuen gem!! This home is located in the Marsh school district and has everything you need- including solar panels and a wood stove for energy efficiency. Enter into the cozy living room featuring a brick fireplace. The open concept living area flows nicely into the kitchen. Down the hall you'll find a full bath and 3 bedrooms. Head to the lower level and check out the built in bar, and cozy space with new carpet. Bonus wood stove to offset the heating bill! Also has a 3/4 bath w laundry. Great space for storage! The backyard is such a gem! Large, and level with a deck, patio, and so much space. This neighborhood is the best of both worlds, a quiet feel... but less than 2 minutes to get to major route 93. Central AC will keep you cool (not in basement). Home has solar panels, they are leased at $125/month. Lease to transfer at closing. Offers due Monday 11/21 at 5PM.
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| Nov 12, 2022 | Withdrawn | - | |
| Withdrawn | |||
| Nov 7, 2022 | Price Decreased |
$544,000
↓ $5K
(0.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017