1
Map
1 Richard Rd
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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 |
|---|---|---|---|
| Oct 30, 2006 | Sold | ||
| Sold | |||
| Jun 8, 2006 | Listed by MGR Global Realty, Inc. | $1,080,000 | |
| Listed by MGR Global Realty, Inc. | |||
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Exquisite home on large lot in one of Marblehead's finest neighborhoods. This expansive, quality home features 9 rms, 3/4 bdrms, 2.5 bths, spacious rms, large foyer, open floor plan, elegant DR and LR w/fireplace, sliding glass doors to screened porch and professionally landscaped, fenced yard. Eat-in kitchen leads to FR w/cathedral ceilings, fireplace, oak spiral staircase to large office loft. Master suite has fireplace, private deck, marble bth w/jacuzzi tub
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| Aug 8, 2002 | Sold | ||
| Sold | |||
| Jun 4, 2002 | Listed by Sagan Harborside Sotheby's International Realty | $780,000 | |
| Listed by Sagan Harborside Sotheby's International Realty | |||
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EXCITING 9 ROOM CONTEMPORARY ON EXTRA LRG LOT ABUTTING TOWN RECREATIONAL PATH. DELUXE MSTR STE W/FIREPLACE & DECK, OVER SIZED LIVING/DINING RM W/FIREPLACE, FIRST FLOOR FR WITH LOFT AND FIREPLACE, SCREENED PORCH, OPEN DECK.
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| May 19, 1999 | Listed | $619,000 | |
| Listed | |||
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