9 Lawrence 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 15, 2021 | Sold | ||
| Sold | |||
| Dec 3, 2020 | Listed by William Raveis R.E. & Home Services | $850,000 | |
| Listed by William Raveis R.E. & Home Services | |||
| Nov 17, 2016 | Sold | ||
| Sold | |||
| Aug 3, 2016 | Listed by Coldwell Banker Realty - Haverhill | $739,900 | |
| Listed by Coldwell Banker Realty - Haverhill | |||
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BRAND NEW COLONIAL LOCATED AT THE END OF THE CUL DE SAC ON A FLAT LOT WITH QUICK ACCESS TO HIGHWAYS AND SHOPPING. Gorgeous new home with a very convenient location. Attached two car garage makes it easy to bring in groceries. Open eat in kitchen with access to deck great for summer grilling. Kitchen has granite counters, center island, cook top, double ovens, stainless steel appliances. Formal living room with recessed lighting. Dining room with wainscoting. Step up to good size great room with gas fireplace. Hardwood floors in master bedroom and first floor. Upstairs master bedroom has walk in closet and private 3/4 bath with neutral ceramic flooring. Three additional good size bedrooms and walk up attic. Three zone heat and a/c. You will love the convenience of this location and nothing left to do but move in. This is a great price for new construction in North Reading with its award winning school system.
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| Jun 12, 2015 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017