8 Gelding 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 |
|---|---|---|---|
| Apr 16, 2024 | Sold | ||
| Sold | |||
| Mar 19, 2024 | In contract | - | |
| In contract | |||
| Mar 14, 2024 | Listed by Merrimack Realty Group, Chelmsford | $715,000 | |
| Listed by Merrimack Realty Group, Chelmsford | |||
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Well maintained and updated ranch in a great neighborhood. The home has many updates to include new kitchen with LG stainless steel appliances, interior paint, updated bathrooms, gas fireplace living room, high efficiency on demand hot water, nest thermostat and smoke detector, custom made shades, new windows, new Insulation, new asphalt driveway, heated garage, new natural gas Generac generator and much more. The finished basement has 4th bedroom / office, family room, laundry room and tons of storage. Also the home has an enclosed porch that leads to a large deck, fenced in spacious and private back yard with a storage shed. The property is located in great neighborhood close to Westford border.
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| May 4, 2017 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017