14 Shawmut Ave
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 |
|---|---|---|---|
| Sep 25, 2023 | Sold | ||
| Sold | |||
| Aug 19, 2023 | In contract | - | |
| In contract | |||
| May 9, 2023 | Listed by Coldwell Banker Realty - Beverly | $999,000 | |
| Listed by Coldwell Banker Realty - Beverly | |||
| Nov 8, 2022 | No longer available | - | |
| No longer available | |||
| Sep 7, 2022 | Listed by Coldwell Banker Realty - Beverly | $1,100,000 | |
| Listed by Coldwell Banker Realty - Beverly | |||
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Unique offering in Danvers with 3.48 acres of land, 36x40 heated garage for car storage or work vehicles. Great floor plan offers living room with wood stove, dining room, large eat in kitchen, half bath and step down family room with indoor hot tub and shower. The kitchen is large with pantry or office space, mud room area with washer/dryer and access to deck and garage. Distinctive cathedral pine ceilings and floors, barn board and custom wall murals are just some of the details representing "pride of ownership" for this one owner home. Easy maintenance brick and redwood exterior. Waterfall flowing next to the patio surrounded by mature plantings, perfect spot to unwind. Long private driveway gives plenty of privacy, extends behind the home and leads to the oversize garage. Full heated basement, well for water, septic (Title V passed), all located on a picturesque lot of land. Possible two other lots buyer to check with town of Danvers. Attached survey
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017