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600 Wheeler Rd
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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 |
|---|---|---|---|
| Jan 8, 2007 | Sold | ||
| Sold | |||
| Oct 3, 2006 | Sold | ||
| Sold | |||
| Sep 11, 2006 | Listed | $296,500 | |
| Listed | |||
| Jul 1, 2005 | Sold | ||
| Sold | |||
| Apr 18, 2005 | Listed by Dick Lepine Real Estate,Inc. | $450,000 | |
| Listed by Dick Lepine Real Estate,Inc. | |||
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Easy to show-vacant on elec L/B. Nice lg Colonial on corner, acre lot in E. Dracut! Minutes to 93. Town water on street (see Sellers Disclosure). 220V, 200A circuit brkrs. Washer, dryer + 2 freezers included. Extra lg barn has storage rm, huge work rm, multiple garages + an inground pool, pool rm w/full kitchen + 6 rm, 3 bedrm, 2 bath modern apartment. Town considers apartment to be illegal & had the owner cap off the sanitary drain.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017