8 Arrowhead Rd.
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 |
|---|---|---|---|
| Aug 23, 2010 | Sold | ||
| Sold | |||
| Jul 13, 2010 | Listed by Coldwell Banker Realty - Newburyport | $499,000 | |
| Listed by Coldwell Banker Realty - Newburyport | |||
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**ROWLEY, MA – NEW TO THE MARKET** NEW CONSTRUCTION – WILD PASTURE ESTATES – Located in one of Rowley’s Newest Subdivisons…. This Home Boasts over 2,500 S.F. of Living Area with a 2 Car Garage. Some Special Features Include: Custom Designed Kitchen / Gleaming Hardwood & Tile Floors / Granite Counters / Open Floor Plan / FHA Gas Heat with Central A/C / 3rd Floor Walk Up…. and much more. Easy Access to Routes 95 & 1, the Commuter Bus & Commuter Rail, Boston and 3 Major Airports.
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| Jun 27, 2010 | Listed | $365,000 | |
| Listed | |||
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