6 Purcell Dr
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 |
|---|---|---|---|
| May 20, 2024 | Sold | ||
| Sold | |||
| Mar 22, 2024 | In contract | - | |
| In contract | |||
| Mar 20, 2024 | Listed by ERA Key Realty Services | $525,000 | |
| Listed by ERA Key Realty Services | |||
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ESTATE SALE - this is a great opportunity to buy in a fine CHELMSFORD neighborhood and BUILD FAST EQUITY! All the fundamentals are here: a solid, well-built home on a quiet side street, sitting on a nice half acre lot and surrounded by mostly larger and well-kept homes. This means you can confidently add your dream renovations and improvements and enjoy making this home just as you want it, all while watching the value go up. There are a lot of nice features to work with here too. The main floor features hardwood floors, a large fireplaced living room, dining room and dining area in the kitchen, a delightful sunroom addition leads out to a large deck, 3 bedrooms and full bath complete this floor. The lower level has a front to back family room with a fireplace and wet bar, a bonus room for a home office or guest room, a half bath, a garage and a large separate workshop. Opportunity is knocking....answer quickly!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017