13 Devereux Terrace
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 9, 2024 | Sold | ||
| Sold | |||
| Jul 3, 2024 | In contract | - | |
| In contract | |||
| Jun 11, 2024 | Listed by Coldwell Banker Realty - Marblehead | $995,000 | |
| Listed by Coldwell Banker Realty - Marblehead | |||
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Located on a cul-de-sac near the center of town, this Center Entrance colonial at 13 Devereux Terrace offers a large, sun-filled backyard with beautiful bordering gardens plus a spacious brick patio. The first floor includes a living room, dining room, central kitchen, an office, a half bath plus a "great room"- cathedral ceilinged family room with wide pine floors, exposed beams, a wood stove, & two sets of sliding doors leading out to the side patio and back yard. Recent improvements include freshly painted interior plus exterior trim, several floors refinished, a new roof, 3 year old HVAC & hot water, plus an updated electrical board. Walking distance to Devereux Beach, the harbor & causeway, Seaside Park, the newly renovated Abbot Library, the rail trail, town shops, restaurants, and theater. The house is close to the Village School, Vets Middle School, Marblehead High School, and the new Letitia & Joseph Brown elementary school-truly a central location & a "turnkey" opportunity
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017