Lot 9 Marjorie Street
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 19, 2018 | Sold | ||
| Sold | |||
| Jun 15, 2018 | Sold | ||
| Sold | |||
| May 23, 2018 | Listed by Foundation Brokerage Group | $569,900 | |
| Listed by Foundation Brokerage Group | |||
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Welcome to Brookmeadow Estates, Methuen’s newest neighborhood of single family homes. Located in coveted west Methuen, this new neighborhood will have easy access to route 93 and 495 and roughly 35mins to Boston. Built by a long time and highly reputable builder, buyers will be able to choose from our different models and builder’s selections for finishes. All homes will be 4 bedrooms, 2.5 baths with 2 car garages on lot sizes from a half acre to over an acre. Last PHASE of Brookmeadow Estates!! GPS 24 Marjorie Street
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| Apr 28, 2018 | Listed by Coldwell Banker Residential Brokerage - Beverly | $369,900 | |
| Listed by Coldwell Banker Residential Brokerage - Beverly | |||
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