11 Alma Ln
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 |
|---|---|---|---|
| May 29, 2025 | Sold | ||
| Sold | |||
| Apr 28, 2025 | In contract | - | |
| In contract | |||
| Apr 22, 2025 | Listed | $625,000 | |
| Listed | |||
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Move right in to this updated 3-4 bedroom Cape on a quiet, tree-lined street in one of Danvers’ most desirable neighborhoods. The 2023-renovated kitchen features Quartz countertops, new appliances, and opens to a bright dining room with walls of windows—perfect for everyday meals or entertaining. The main level offers a sunny living room, full bath, and two additional rooms—one currently used as a laundry/office, which can easily be converted back to a bedroom. Upstairs, you'll find two more spacious bedrooms with new carpet and great closet space. Recent upgrades include a new washer/dryer, hot water heater and expanded driveway, offering extra off-street parking. Enjoy the private backyard with plenty of space to relax, garden, or host guests. Located minutes from Endicott Park, Glen Magna Farms, the Rail Trail, and major commuter routes. This clean, move-in ready home is a great opportunity for first-time buyers or anyone looking for an easy, well-kept home in a fantastic location!
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| Jul 18, 2023 | Sold | ||
| Sold | |||
| Jul 3, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017