94 Butternut Lane
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 20, 2025 | Sold | ||
| Sold | |||
| May 6, 2025 | In contract | - | |
| In contract | |||
| Apr 27, 2025 | Listed | $619,900 | |
| Listed | |||
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Welcome to 94 Butternut Lane! Located in one of the most desirable West Methuen neighborhoods. The Marsh School and highway access are only a short 7-minute drive! This updated, bright and sun filled home is ready for entertaining with multiple decks and has room for everyone with 3 or 4 bedrooms and two full baths. Lots of room in the basement for future endless possibilities. With a flexible floor plan you can either enjoy a HUGE primary suite with private bath or an additional family room just waiting for your family to fill with memories. This is absolutely the neighborhood you have been waiting for. Welcome Home! Showings begin at Open House on 5/3 & 5/4 11am-1pm.
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| Dec 16, 2013 | Sold | ||
| Sold | |||
| Jul 19, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017