12 Davis Road
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 23, 2017 | Sold | ||
| Sold | |||
| May 2, 2017 | Listed by Coldwell Banker Residential Brokerage - Marblehead | $4,750,000 | |
| Listed by Coldwell Banker Residential Brokerage - Marblehead | |||
| Oct 15, 2015 | Sold | ||
| Sold | |||
| Aug 19, 2014 | Listed by Compass | $2,000,000 | |
| Listed by Compass | |||
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This oceanfront Peach's Point location is the perfect opportunity to design and build your dream home! This spectacular building site embraces the ocean, complete with mature plantings, privacy, private beach and access to a shared dock. A setting that gives you a feeling that you are on the coast of Maine, but only a ten minute walk from downtown Marblehead!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017