118 Atlantic Avenue
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 |
|---|---|---|---|
| Oct 31, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 26, 2024 | Price Decreased |
$950,000
↓ $45K
(4.5%) | |
| Price Decreased | |||
| Jul 17, 2024 | Listed by The Virtual Realty Group | $995,000 | |
| Listed by The Virtual Realty Group | |||
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Gracious single family home in Marblehead, MA. Built in 1940, this two-story property features 1,464 sq.ft. of finished living space on a spacious 5,390 sq.ft. lot. With 3 bedrooms and 1.5 bathrooms this home is nestled in the desirable Bubier Road neighborhood. A corner lot property that includes partial fencing of yard that is encircled by mature plantings. The residence is nearby to Devereux Beach, Goldthwait Reservation, Seaside Park, top-rated public education programs, newly refurbished public library, and a vibrant downtown. Additional features include a spacious fireplaced living room, built-in diagonal dining room cabinets, relatively large bedroom closets, and french doors leading to an outdoor patio area. The full basement is unfinished and includes a 1 car garage with additional driveway parking for 2-3 vehicles.
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| Apr 30, 2012 | Sold | ||
| Sold | |||
| Jul 26, 2011 | Listed by Coldwell Banker Realty - Marblehead | $389,900 | |
| Listed by Coldwell Banker Realty - Marblehead | |||
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Wonderful location in desirable neighborhood, walk to Seadside Park, Devereux Beach, library, shops and schools. One car garage under, sunroom. Most windows replaced. New hardwood (treads) staircase. House does need updating and is sold "as is".
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017