137 High Street
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 1, 2025 | Sold | ||
| Sold | |||
| Aug 15, 2025 | In contract | - | |
| In contract | |||
| Aug 7, 2025 | Price Decreased |
$559,000
↓ $20K
(3.5%) | |
| Price Decreased | |||
| Jun 23, 2025 | Listed by The Presti Group, Inc. | $579,000 | |
| Listed by The Presti Group, Inc. | |||
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Bring your vision to this charming antique farmhouse, ideally situated on a level corner lot in desirable Danvers. This light-filled home offers period charm with wide pine floors, built-ins, and a flexible layout that can accommodate 2–3 bedrooms. The oversized yard is fully fenced, with additional space beyond the fence line—great for gatherings, gardening, or potential expansion. Central air, ample parking, and a convenient location close to downtown, the rail trail, and major routes. With some TLC, this home is a fantastic opportunity for an owner-contractor or savvy investor looking for a rewarding flip or full gut renovation. This home qualifies for the American Dream mortgage with down payment assistance up to $10,000 and no income restrictions and also qualifies for the MASS Housing Down Payment Assistance up to $30,000 w 0% Interest. Ask broker for details.
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| Jan 27, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017