1160 Washington St.
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 14, 2019 | Sold | ||
| Sold | |||
| Jun 27, 2019 | Listed by Holly C & Co. Fine Homes | $349,000 | |
| Listed by Holly C & Co. Fine Homes | |||
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Welcome to life in Lanesville! Enjoy the quiet side of Cape Ann in this coveted Gloucester location. Nearby quarries, Lanes Cove sunsets, Flat Rocks, and Plum Cove Beach will all be in your new neighborhood! Originally, the first school in Lanesville, this home began its life as the "Lane School". Today you will find a historic 3 bedroom, 1 bath home with great flow and great light. The kitchen has a handy pantry and the two stoves (one is pellet, one is coal/wood) can remain as gifts or go. The finished attic would make a great hideaway, private office or bedroom for the kids! Corner lot on Washington St and Butman Ave. allows easy sidestreet access. Personal touches and updating will be desired by most, but the serenity, greenery and charm of this location will convince you - this is where you want to live!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017