9 Ronaele 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 |
|---|---|---|---|
| May 11, 2012 | Sold | ||
| Sold | |||
| Mar 28, 2012 | Listed by Upper Cape Realty Corp. | $524,900 | |
| Listed by Upper Cape Realty Corp. | |||
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Meticulously cared for family owned home located in desirable West Medford neighborhood. This home offers HW floors thru out, 2 fireplaces, newer: 3 zoned Weil McLain heating system, Harvey windows & eat-in kitchen w/ solid maple cabinets & pantry. DR offers built-in china cabinet w/ french door to 3 season porch. MB suite w/ vaulted ceiling, full bth, walk-in closet & recessed light. Prof landscaped yard, bluestone patio & sprinkler system. Close to public transp & major highways. A Must See!
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| May 8, 1998 | Sold | ||
| Sold | |||
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