55 Sprague 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 |
|---|---|---|---|
| Aug 30, 2024 | Sold | ||
| Sold | |||
| Jun 27, 2024 | In contract | - | |
| In contract | |||
| Jun 19, 2024 | Listed by LAER Realty Partners | $465,000 | |
| Listed by LAER Realty Partners | |||
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Welcome to your new 6 room house in South Lowell near Tewksbury line! This charming property boasts a host of recent upgrades and features that are sure to impress. 6rms, 4bdrs, 2 FB, 4 season porch. Conveniently Located Close to shopping centers and major highways for easy commuting, MassSave Insulated Energy-efficient improvements to keep utility costs down. Sprawling Multilevel Deck is Perfect for outdoor entertaining or relaxing. Ample room to keep your belongings organized. Newer driveway for easy parking and curb appeal. New Shed is Perfect for additional storage or as a workshop space. Enjoy the beauty of a well-maintained professionally landscaped outdoor space. Porch offers versatile space to enjoy year-round, The large Yard is Ideal for outdoor activities, gatherings, play or pets. This property offers a blend of comfort, functionality, and convenience. Don't miss the opportunity to make it yours! House is being sold as is! Offers due Wednesday 6/26/24 at 5pm.
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| Apr 14, 2017 | Sold | ||
| Sold | |||
| Jan 29, 2017 | Listed by LAER Realty Partners | $279,000 | |
| Listed by LAER Realty Partners | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017