551 Textile 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 11, 2024 | Sold | ||
| Sold | |||
| Sep 10, 2024 | In contract | - | |
| In contract | |||
| Aug 19, 2024 | Listed by Coldwell Banker Realty - Boston | $549,000 | |
| Listed by Coldwell Banker Realty - Boston | |||
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Step into this beautifully renovated home, where modern features meet an expansive outdoor space, offering privacy and seclusion. Spanning approximately 1,200 square feet across two levels, this home features 3 bedrooms and 1 bathroom and sits on a 27,000 SF lot. The main level features a spacious open concept living and dining which are met with an abundance of natural light. The stunning new kitchen offers quartz counter tops, stainless steel appliances and a functional peninsula for extra seating, additionally the upper level offers 2 spacious bedrooms. The property sits on a corner lot giving you the ultimate privacy with lots of parking and land.This property is the ideal location, just minutes from UMASS Lowell, public transportation, shops, parks and so much more.
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| Oct 2, 2023 | Sold | ||
| Sold | |||
| Aug 24, 2023 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017