7 Burroughs 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 |
|---|---|---|---|
| Sep 25, 2020 | Sold | ||
| Sold | |||
| Aug 7, 2020 | Listed by William Raveis R.E. & Home Services | $439,900 | |
| Listed by William Raveis R.E. & Home Services | |||
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PICTURE PERFECT CAPE! Fantastic Opportunity to own in desirable North Reading, this adorable home boasts many updates throughout. Recently refinished hardwood floors on the first floor, REMODELED KITCHEN with stainless steel appliances and quartz countertops. 1st floor Master bedroom, COMPLETELY REMODELED full bath, and spacious living room. Second floor has two additional bedrooms with oversized full bath! Finished Lower Level with Family Room and possible home office or 4th bedroom. Oversized deck is great for entertaining and overlooks fenced in yard. Many updates throughout include NEWER Heating System, Roof (apx 5 years) and Septic System (2006), and NEW INSULATION. Martins Pond recreation includes activities such as Kayaks Canoe & Sail boats, along with beach and playground!
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| Mar 30, 2017 | Sold | ||
| Sold | |||
| Feb 12, 2017 | Listed by Leading Edge Real Estate | $379,900 | |
| Listed by Leading Edge Real Estate | |||
| Dec 11, 2006 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017