62 Longbow Road
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 14, 2014 | Sold | ||
| Sold | |||
| May 12, 2014 | Listed by Coldwell Banker Residential Brokerage - Lynnfield | $539,900 | |
| Listed by Coldwell Banker Residential Brokerage - Lynnfield | |||
| Mar 26, 2013 | Sold | ||
| Sold | |||
| Jul 10, 2007 | Sold | ||
| Sold | |||
| Mar 10, 2007 | Listed by Coldwell Banker Realty - Lynnfield | $518,900 | |
| Listed by Coldwell Banker Realty - Lynnfield | |||
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Great location in the prep withh an exceptional lot on the end of cul de sac. 240 ft frontage. Easy home to add on to or add a pool. Current owner has updated everything. Sun soaked new cathedral ceilinged family rm w/ skylights and oversized windows and w/plantation shutters. Fm Rm off kitchen with french door New maple kitchen. Hardwood floors throughout. Lower Level family room has firplace nice detail and light with tile floor. Workshop. overzsized 2 car garage with windows & new driveway
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