63 Arnold Avenue
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 |
|---|---|---|---|
| Apr 11, 2024 | Sold | ||
| Sold | |||
| Feb 8, 2024 | In contract | - | |
| In contract | |||
| Feb 1, 2024 | Listed by Keller Williams Realty-Merrimack | $399,900 | |
| Listed by Keller Williams Realty-Merrimack | |||
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The original owners have maintained this cape style home for 46 years all in a culdesac neighborhood. There is a front-to-back kitchen and dining room with a built-in china cabinet. The living room has a picture window overlooking the front yard. There is an office or 3rd bedroom and a full bath that complete the first floor. The second floor has two large front-to-back bedrooms with ample closet space and a full bath in the main bedroom. There is a nice flat fenced backyard and a storage shed. The mahogany deck is covered and easy access to the driveway. Close to the Billerica train station, shopping, and Rts 3 & 495. Showings begin at the Open House on Saturday 2/3 at 11:00 AM
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| Feb 15, 1978 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017