86 Lowell Boulevard
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 |
|---|---|---|---|
| Mar 28, 2024 | Sold | ||
| Sold | |||
| Jan 30, 2024 | In contract | - | |
| In contract | |||
| Jan 23, 2024 | Listed by Realty One Group Nest | $599,900 | |
| Listed by Realty One Group Nest | |||
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Nestled along the Merrimack River, this 3-bedroom Colonial is both home and a gateway to deep water adventures, from boating to fishing, promising year-round enjoyment from your backyard and private dock. Step inside to the open kitchen and dining area that seamlessly flows into a generously sized living room. Here, you will also find convenient access to both a front farmer’s porch and a rear covered porch, perfect for savoring riverfront tranquility, soaring eagles, and seasonal ice flows. Upstairs, is the primary bedroom with vaulted ceilings, 2 additional bedrooms and a full bathroom. Pull-down stairs allow access to the full attic with lots of storage. The lower level presents a practical storage solution with full sized garage door allowing you to bring your water toys and lawn equipment easily inside. Brand new Central Air system. This rare opportunity to vacation from home, combined with the many nearby conveniences of Methuen, make this home a compelling must see opportunity!
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| Dec 23, 2023 | Withdrawn | - | |
| Withdrawn | |||
| Nov 27, 2023 | Price Decreased |
$599,900
↓ $35K
(5.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017