70 Carmine St
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 22, 2024 | Sold | ||
| Sold | |||
| Oct 22, 2024 | In contract | - | |
| In contract | |||
| Oct 16, 2024 | Relisted | $232,500 | |
| Relisted | |||
| Sep 19, 2024 | In contract | - | |
| In contract | |||
| Sep 10, 2024 | Listed by RE/MAX Realty Experts | $579,500 | |
| Listed by RE/MAX Realty Experts | |||
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BACK ON MARKET DUE TO BUYER FINANCING. Welcome to 70 Carmine, a commuter's dream just 2minutes from the highway, nestled in a quiet and sought-after neighborhood. As you step through the front door, you're greeted by a cozy family room featuring hardwood floors, a wood-burning stove, and abundant natural light. Adjacent to the family room is a beautiful living room with hardwood floors and a renovated half bath. The heart of the home is a spacious eat-in kitchen boasting ample cabinet space, a large pantry, and views of the deck and serene, expansive backyard. Off the kitchen, a convenient mudroom provides the perfect spot to kick off your shoes after a long day. Heading upstairs, you'll find 3 generously sized bedrooms. The primary suite offers an en suite bathroom complete with a luxurious soaker tub, a gorgeous tiled shower, and double sinks. A fully renovated bathroom with laundry facilities serves the additional bedrooms. The historical City of Lowell offers museums, UMASS, dining
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017