1 Democracy Drive
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 |
|---|---|---|---|
| Feb 20, 2026 | Sold | ||
| Sold | |||
| Jan 17, 2026 | In contract | - | |
| In contract | |||
| Jan 15, 2026 | Price Decreased |
$500,000
↓ $25K
(4.8%) | |
| Price Decreased | |||
| Jan 7, 2026 | Listed by Churchill Properties | $525,000 | |
| Listed by Churchill Properties | |||
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Move-in ready single-family home offering easy single-level living in a desirable Amesbury location. Set on a cul-de-sac just minutes to downtown and close to major highways, this well-maintained home features three bedrooms, an open layout with a comfortable and functional flow, and a practical mudroom for everyday convenience. A woodstove adds warmth and character to the living space, while the fenced-in yard offers outdoor enjoyment. Multiple outbuildings/sheds provide exceptional flexibility, including a charming cottage-style shed ideal for a home office, studio, guest space, or playhouse, plus additional sheds for storage. A rare opportunity for buyers seeking a smart alternative to condo living, whether just starting out or thoughtfully downsizing. Convenient to town amenities, shops, and dining. Open houses Saturday and Sunday, January 10 & 11, from 12–2.
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| Dec 18, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017