14 Rust 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 |
|---|---|---|---|
| Jun 28, 2024 | Sold | ||
| Sold | |||
| May 7, 2024 | Listed by Coldwell Banker Realty - Beverly | $595,000 | |
| Listed by Coldwell Banker Realty - Beverly | |||
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Great downtown location! Live near parks, shops, restaurants, library, commuter rail and so much more. Circa 1920 colonial, with six rooms, three bedrooms and one full bath. Details include a fireplace, back stairway and ample closets. Watch the neighborhood go by from the farmers porch and enjoy sitting outside during a summer rain. Enjoy time in your manageable yard. Interior freshly painted and floors refinished so you can easily focus on the fun work of making this house your own. A brand new septic system is on its way, it has been designed and approved, giving one less thing to worry about. This house also comes with a much wanted one car garage. 14 Rust Street in Hamilton is a great vantage point to access all the varied resources on the North shore, including, beaches, parks, and theaters. Plus an easy retreat to Boston, Maine, New Hampshire and Vermont.
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| Mar 29, 1991 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017