15 Falls St
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 7, 2022 | Sold | ||
| Sold | |||
| Aug 18, 2022 | Listed by Citylight Homes LLC | $469,900 | |
| Listed by Citylight Homes LLC | |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jun 8, 2018 | Listed | $319,900 | |
| Listed | |||
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Welcome to 15 Falls Street. This three bedroom, 2 full bath, 1,025 square foot home is waiting for your finishing touches. This Colonial homes is located in a quite neighborhood off of Eastern Avenue along the Swampscott line. Step up your front stairs onto your front farmers porch. Enter the home and enjoy an open concept living space; kitchen, dining and living. Rear door leads to a spacious deck, above ground pool and fenced yard, complete with large shed. Your second level has three nice bedrooms and full bath with Claw Foot tub. There is a 629 square foot lower level that is partially finished with full bath. Gas heat. Minutes to area beaches, walk to major bus lines and Swampscott Commuter Rail. Kitchen appliances being left as gift to new owner. Property is being sold in as is condition. Buyer and or buyers agent to do due diligence. Seller and or sellers agent and office not responsible for information and makes no representations or warranties. The manager has listed the unit size as 1025 square feet.
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| Jan 31, 2005 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017