8 Edgewood Ter
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 28, 2020 | Sold | ||
| Sold | |||
| Jun 19, 2020 | Listed by LAER Realty Partners | $429,900 | |
| Listed by LAER Realty Partners | |||
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Great bones in a Great Location ! This wonderful home needs a little TLC but is loaded with potential and is a stone's throw from Martin's Pond and is a great opportunity to get into North Reading's desirable public school district.Located on a private dead end street, yet close to shopping and highways. Enjoy water sports on nearby Martins Pond this summer and be ready to enter your children into North Reading's highly ranked school system this fall. Charming northerly facing patio entrance with 3 to 4 generously-sized bedrooms. Sliding doors to large deck overlook a peaceful protected level back of the property. Added bonus of 16 Parkview Ter. which adds another 6403 sq. ft. of undvlple land incl to make endless possibilities for a new owner. Full, dry, walk-out basement with indoor access. Easy access to HWY 93 via Rt 125, 30 mins from Boston.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017