7-11 Abbott Street
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 |
|---|---|---|---|
| Sep 3, 2023 | Withdrawn | - | |
| Withdrawn | |||
| Aug 8, 2023 | Price Decreased |
$494,000
↓ $5K
(1%) | |
| Price Decreased | |||
| Jul 5, 2023 | Listed by Maloney Properties, Inc. | $499,000 | |
| Listed by Maloney Properties, Inc. | |||
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LIKE NEW colonial located in Back Central area of Lowell! Completed in 2021, this home features 3 bedrooms, 2 bathrooms and is everything that you’ve been waiting for. First floor has a desirable open concept floor plan connecting the expansive living room to the light and bright kitchen/dining area. This level also features a full bathroom and sliders that lead into the rear yard space. It will be hard to miss the gleaming hardwood floors throughout! Head upstairs to 3 large bedrooms, with plenty of closet space, and another full bath with a double vanity. This property also has an unfinished basement with lots of potential, off-street parking, central air and is a must-see! Close proximity to major highways (Lowell Connector, Rte. 3 & I-495), commuter rail, downtown, shopping, restaurants, parks & schools. Welcome home to 7 Abbott Street!
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| Feb 11, 2021 | Sold | ||
| Sold | |||
| Jan 20, 2021 | Listed by Bettencourt Real Estate | $429,900 | |
| Listed by Bettencourt Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017