1 Pentucket 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 |
|---|---|---|---|
| Aug 28, 2024 | Sold | ||
| Sold | |||
| Jul 3, 2024 | In contract | - | |
| In contract | |||
| Jun 24, 2024 | Listed by Keller Williams Realty Boston-Metro | Back Bay | $779,000 | |
| Listed by Keller Williams Realty Boston-Metro | Back Bay | |||
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1 Pentucket is a wonderfully kept house that has been cherished over 40 years by the same family. They've celebrated holidays + birthdays around the dining table, learned to ride bikes + play ball in the driveway, watched seasons ebb + flow across the manicured lot, and now 1 Pentucket Lane is ready for a new generation of stewards. This cul-de-sac neighborhood, lined with mature trees and sidewalks, beckons to a simpler time. Danvers is uniquely positioned; it is equal distance to the north of Boston as it is from the pristine beaches of Cape Ann. It’s also a short trip to Newburyport & Portsmouth, NH. Need more? Restaurants such as 9 Elm are stalwarts within the North Shore dining scene, while The Modern Butcher is a legendary establishment for sandwiches, dry aged steaks, + even artisanal ice cream. Offerings in this location are rare as the lauded new Smith School & St. John's are nearby. With an updated kitchen, central A/C, 3 full baths, and more, this home might just be the one.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017