9 Bowman 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 |
|---|---|---|---|
| Oct 2, 2024 | Sold | ||
| Sold | |||
| Aug 27, 2024 | In contract | - | |
| In contract | |||
| Aug 20, 2024 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $499,000 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
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Looking for a starter home or an investment this 5 bedroom 2 bath ranch is it. Starting with a large sunroom with cathedral ceilings and several sliders that open onto a good sized deck overlooking your private backyard. The open concept kitchen/dining room flows into the bright and spacious living room w/fireplace. Four good sized bedrooms, including a main bedroom with private bathroom & another full shared bathroom. The location of this home is key, a great neighborhood not far from Billerica Country Club, the new high school & Billerica town center with it's restaurants, shops, town common and library. Also a desirable commuter location minutes from the commuter rail, Routes, 128, 3 & 495. This home has immense potential and is just waiting for its new owners to bring their personal touches.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017