53 Constitution Way #53
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 |
|---|---|---|---|
| Nov 27, 2024 | Sold | ||
| Sold | |||
| Aug 2, 2024 | In contract | - | |
| In contract | |||
| Jul 24, 2024 | Listed by Team Zingales Realty, LLC | $319,900 | |
| Listed by Team Zingales Realty, LLC | |||
| | |||
|
**OFFERS DUE Tuesday July 30th at 6PM**WELCOME HOME! Discover this sought-after townhouse in East Methuen, featuring a bright and airy open living room and an eat-in kitchen with tile flooring. Enjoy the convenience of first-floor laundry and a spacious living room with wood laminate flooring for cozy entertaining.The second floor boasts a primary bedroom with double closets for ample storage and both bedrooms have wall-to-wall carpeting. The walk-up attic bonus room provides so much storage space for off season items. Additional amenities include central air, a nice backyard space and off-street parking. Super convenient for commuters, this townhouse is located near Rt 213, I-93, I-495, The Loop, Tuscan Village, and tax-free NH shopping. Come see this today; it won't last! Complex is NOT FHA approved.
| |||
| Aug 17, 2009 | Sold | ||
| Sold | |||
| Jun 16, 2009 | Listed by Prudential Howe & Doherty | $137,830 | |
| Listed by Prudential Howe & Doherty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/24/2024
|
2 Bed
|
2 Bath
|
958 ft²
|
$319,900
2 Bed
2 Bath
958 ft²
|
$335,000
+4.72%
11/27/2024
|
Brandon Sweeney
RE/MAX Insight
| |
|
06/16/2009
|
2 Bed
|
2 Bath
|
958 ft²
|
$137,830
2 Bed
2 Bath
958 ft²
|
$135,000
-2.05%
08/17/2009
|
Nicole O Connell
Prudential Howe & Doherty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017