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62 Lowell 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 |
|---|---|---|---|
| Nov 6, 2025 | Sold | ||
| Sold | |||
| Sep 23, 2025 | In contract | - | |
| In contract | |||
| Sep 20, 2025 | Price Decreased |
$599,900
↓ $50K
(7.7%) | |
| Price Decreased | |||
| Sep 11, 2025 | Listed by RE/MAX 360 | $649,900 | |
| Listed by RE/MAX 360 | |||
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Feel yourself 'fall' into this comfy colonial! Welcome to your new home, in the heart of a well-established, friendly neighborhood. It's a commuter's dream, with proximity to all North Reading - and nearby Wilmington - have to offer! A multitude of shops, bars and restaurants are right down the road and easily accessible, along with local highways, Martin's Pond, several nearby parks, golf courses, and schools! Outside, admire your lush, bucolic grounds - 5.74 acres of wooded marsh - located in a flood plain. Step inside and feel rich hardwoods under your feet! Main level features a sparkling kitchen, dedicated living/dining spaces, along with an office/nursery and half bathroom laundry area. Head upstairs and discover 2 generous bedrooms, a full bathroom with steam shower, and endless closet space. Large, unfinished basement with tons of storage. Heated, 2 car detached garage includes workshop and lots of extra room. Perfect opportunity to renovate/expand existing home, or build new!
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| Mar 21, 2006 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017