83 Allen 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 |
|---|---|---|---|
| Sep 26, 2024 | Sold | ||
| Sold | |||
| Sep 19, 2024 | In contract | - | |
| In contract | |||
| Sep 11, 2024 | Listed by Proactive Realty | $375,000 | |
| Listed by Proactive Realty | |||
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MULTIPLE OFFER NOTIFICATION Offers due Monday Sept 16th at 2pm.... ATTENTION INVESTORS, CONTRACTORS and HOMEOWNERS looking to build SWEAT EQUITY!! Highly desirable Billerica single family with an acre of land!! Recently vacant 3 Bedroom 1 full bath home with a flexible floor plan that is perfect for a family. Potential for a 1st floor additional bedroom or an office. IT IS LISTED LOW AT OVER 100K BELOW ASSESMENT!! The seller chose an "unconventional" listing strategy with a list price BELOW MARKET so we could be sure to secure a quick sale. This house has great potential...Offers likely to be made over list price. Property is being sold "AS IS" and will be sold to the strongest offer. This is NOT a bank owned property. Seller reserves the right to accept or reject any offer at their discretion. Seller makes no warranties or representations. Buyer/Buyer's Agent to do their own due diligence. TOWN WATER & SEWER. Allen Rd is currently being upgraded with NEW GRANITE curbing and sidewalks
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017