0 Silvermine Lots 2b&C
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 |
|---|---|---|---|
| Nov 9, 2026 | Listed by Leading Edge Real Estate | $1,200,000 | |
| Listed by Leading Edge Real Estate | |||
| Aug 31, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 10, 2026 | Price Decreased |
$1,200,000
↓ $636K
(34.6%) | |
| Price Decreased | |||
| Apr 28, 2026 | Listed by Leading Edge Real Estate | $1,836,000 | |
| Listed by Leading Edge Real Estate | |||
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ATTENTION BUILDERS & DEVELOPERS: Exceptional 38+ acre opportunity in affluent West Boxford known for privacy, natural beauty & strong home values. 4 ANR LOTS AT ADVANCED APPROVAL STAGE with frontage on Main Street & Silvermine Road. Parcels technically subdivided; final approvals contingent upon: Conservation Restriction (CR) completion & NHESP coordination. Order of Conditions in place; buyer designates CR holder, creating opportunity to shape final outcome. PERMITTING PATHWAY IN MOTION: MEPA complete (no EIR required) Order of Conditions issued, NHESP coordination underway. VISION: large acre building envelopes, 70% (26+ acres) preserved as protected open space under CR held by approved land trust. IDEAL FOR: High-end community, conservation partnership, 40B project or private estate/compound. LOCATION: Minutes to North Andover, I-495 & I-95, Boston apx 30 min, Seacoast 20 min, Mountains 1 hr. Rare blend of seclusion, accessibility & strategic development opportunity.
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| Aug 19, 2023 | Withdrawn | - | |
| Withdrawn | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017