10 Hobart Ave.
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 |
|---|---|---|---|
| Sep 8, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 27, 2025 | Delisted | - | |
| Delisted | |||
| Aug 20, 2025 | In contract | - | |
| In contract | |||
| Jul 31, 2025 | Price Decreased |
$619,000
↓ $20K
(3.1%) | |
| Price Decreased | |||
| Jul 14, 2025 | Listed by Jason Mitchell Group | $639,000 | |
| Listed by Jason Mitchell Group | |||
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Come explore this beautifully maintained Colonial in the highly sought-after Beverly location!Enjoy stunning views and breathtaking sunsets from this charming gem that perfectly blends location, lifestyle, and value. Just 1.2 miles to the commuter rail and a short 5–10 minute drive to shops and restaurants in both downtown Beverly and Salem. This home features numerous recent updates, including: Brand new oil tank installed in June 2025. Trex deck added in August 2024. Elegant stone masonry garden completed in 2022. Paved driveway redone in 2022. Mass Save energy upgrades, including blown-in insulation and foam board installed under the mudroom and front of the house. Don’t miss your chance to experience this special home for yourself—schedule a showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017