12-1/2 Cross 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 |
|---|---|---|---|
| Jul 16, 2021 | Sold | ||
| Sold | |||
| Nov 18, 2016 | Sold | ||
| Sold | |||
| Sep 14, 2016 | Listed by J. Barrett & Company | $275,000 | |
| Listed by J. Barrett & Company | |||
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Excellent opportunity to own in a centrally located neighborhood close to everything Gloucester has to offer! Two bedrooms with the potential for a third, hardwood floors in the open concept living room/dining room, new high efficiency heating system in 2012 and new roof in 2015. 14 x 9 deck directly off of the kitchen is great for those summer BBQ's and relaxing to sounds of the ocean. Walk out basement with the potential to be finished leads to a level fenced in back yard complete with large storage shed. Good Harbor Beach, Downtown Gloucester, Gloucester Harbor and Rocky Neck all within a 1 mile radius and easy access to route 128! All offers due by 6pm Monday 9/19 with response by 12pm 9/20
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| Sep 15, 1999 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017