1
Map
13 Cedar St.
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 4, 2024 | No longer available | - | |
| No longer available | |||
| Aug 15, 2023 | Listed by Engel & Volkers By the Sea | $3,425,000 | |
| Listed by Engel & Volkers By the Sea | |||
| | |||
|
This one-of-a-kind estate is comprised of 2 breathtaking parcels being sold together. With over 21 acres and nearly 250 feet of frontage on pristine Wenham Lake, this property offers a rare combination of privacy and views with in-town convenience. The main parcel features the beautifully sited Georgian colonial brick home with views of the lake from nearly every room and a freshly updated 1-bedroom apartment that sits above the 4-car climate-controlled garage. As you are led down the tree-canopied drive, you will have expansive views of the farm as well as the lake. The exquisite 5 bedroom New England home has light-filled rooms, high ceilings, detailed trim and 5 spectacular fireplaces. The conserved agricultural parcel, which currently functions as a farm, offers many possible uses. Key systems were updated in 2022, including Mitsubishi HVAC and Kohler standby generators for the whole house and garage/apt. Minutes from services, commuter rail, and Rt 128.
| |||
| May 28, 2021 | Sold | ||
| Sold | |||
| Apr 20, 2020 | Listed by LandVest, Inc., Manchester -by-the-Sea | $2,850,000 | |
| Listed by LandVest, Inc., Manchester -by-the-Sea | |||
| | |||
|
Overlooking the pristine waters of Wenham Lake, this splendid brick colonial manor home on 21 acres offers privacy with a working gentleman’s farm, rolling fields and lawns, and in-ground pool. Lose your cares as you wind down a private drive past old growth trees and fieldstone pillars, before easing into the courtyard. Carefully renovated inside and out, the home offers a flexible and light-filled floor plan. Main level features fireplaced living and dining rooms opening onto a bluestone patio looking out to the lake. Modern convenience blends seamlessly with the simple pleasures of country life, with care minimized by fully updated systems, back-up generator, private water/sewer and underground electric. Full dry basement and attic; detached 4-car garage with caretaker unit; and barn for storing large equipment. Abuts conservation land, walking/riding trails. Located just 22 miles north of Boston and close to Beverly Airport, MBTA commuter rail, all major highways
| |||
| Jun 28, 2004 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017