6 May Court
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 |
|---|---|---|---|
| Jul 25, 2024 | Sold | ||
| Sold | |||
| Jun 6, 2024 | Listed by Burns & Egan Realty Group, LLC | $619,900 | |
| Listed by Burns & Egan Realty Group, LLC | |||
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New England style colonial located in West Methuen. Lots of love put into this 4 bedroom 2 bath home. The addition and roof done in 2014, energy efficient windows. Kitchen has granite counter tops, refaced cabinets and SS gas oven, dishwasher, and fridge installed in 2020. Enjoy time in your cozy yet large familyrm w/surround sound, ceiling fan & ample light. The relaxing manicured back yard boast w/sprinkler system, composite deck, gazebo, fire pit area, storage shed, patio & access to the garage & basement. Large primary bedrm w/2 double closets, 3 additional bedrms w/ample closet space. Full bath & lg Linen closest. Pull down attic w/lots of storage space. W/D and wash sink in the basement along w/a bonus room below the 1,100 sq.ft addition with tall ceilings! Built in shelves & closets for addition storage needs. Great commuter location to 93/213 & approx. 3 miles to Salem NH for all your shopping needs. HW under 1st fl (hall, front rm, dining area) & upstair hallway.
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| Jul 29, 2019 | Sold | ||
| Sold | |||
| May 15, 2019 | Listed by Burns & Egan Realty Group, LLC | $399,000 | |
| Listed by Burns & Egan Realty Group, LLC | |||
| Jul 30, 1999 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017