1
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58 Shea St
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 9, 2012 | Sold | ||
| Sold | |||
| Jun 28, 2012 | Listed by James L. Cooney REALTORS® | $279,900 | |
| Listed by James L. Cooney REALTORS® | |||
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Pawtucketville Expanded Cape on over a 2 acre lot . Most of the house is in Lowell and much of the acreage is in Dracut, MA. The scenic flat lot offers a private pond with a beach and adjacent patio.There is room for a baseball field on this property. The home has a new boiler and new hot water heater. There are 3 bedrooms including a first floor master suite. There are beautiful plantings on the lot all watered by an irrigation system which is pond-fed. Worksh. in garage.FABULOUS!
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| Mar 16, 2011 | Listed by Coldwell Banker Residential Brokerage - Chelmsford | $309,900 | |
| Listed by Coldwell Banker Residential Brokerage - Chelmsford | |||
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