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89 Myrtle St
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 |
|---|---|---|---|
| Nov 5, 2024 | No longer available | - | |
| No longer available | |||
| May 29, 2024 | Listed by Coldwell Banker Realty - Lexington | $1,125,000 | |
| Listed by Coldwell Banker Realty - Lexington | |||
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Imagine all the possibilities with this 11 acre property! This property is in a prime location in West Methuen on the border of Dracut. Need a home for your horses? The 6-stall horse barn has electricity and a 360 Sq Ft hay loft. There is a large fenced-in riding area with plenty of room for expansion for equestrian purposes.Builders and developers take notice as this land has potential to be subdivided into 5-6 lots, or even an open space project. Relax and enjoy the summer with the inground pool. The main 3 Bed 2 Bath home was built in 2016 which has an attached, heated 4 car garage. The main living area has tremendous, vaulted ceilings with plenty of windows for natural light to pour in. Open concept, beautiful stainless-steel appliances in the kitchen with living/dining area including a top-of-the-line wood burning fireplace. Convenient, flexible mudroom/ office space on the 1st floor. This property is truly one of a kind, your dreams start here.
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| Jul 9, 2009 | Sold | ||
| Sold | |||
| Sep 26, 2008 | Listed | $179,900 | |
| Listed | |||
| Aug 24, 2006 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017