16 Myrtle 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 |
|---|---|---|---|
| Sep 17, 2024 | Sold | ||
| Sold | |||
| Aug 14, 2024 | In contract | - | |
| In contract | |||
| Aug 7, 2024 | Listed by RE/MAX 360 | $699,900 | |
| Listed by RE/MAX 360 | |||
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Welcome Home to 16 Myrtle Street, Beverly. This well maintained Cape Style home, is situated on 2,899 sq ft of level, fenced in land. Perfectly located between Rantoul & Cabot Streets, you are a short walk to restaurants, galleries & everything downtown Beverly has to offer. This 4 bedroom, 2 full bath, 1,482 sq ft home has been loved & cared for. Enter a charming living room w/ fireplace, enjoy a modern eat-in kitchen w/ granite & Oak cabinets. Just off this room is a lovely side entrance mudroom. A full bath & 2 bedrooms complete this level. The 2nd level has 2 additional bedrooms & a full bathroom. The primary bedroom is extra spacious w/ custom built-ins. Basement w/ high ceilings, ability for walk out (bulk-head), Lennox gas furnace. Home has Thermopane windows, 2022 gutters, 2024 repainted, HW throughout, plenty of off street parking, new 2023. Close proximity to the train station, Danes Street Beach, area colleges, restaurants and so much more! Not to be missed.
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| May 16, 2014 | Sold | ||
| Sold | |||
| Mar 21, 2014 | Listed by RE/MAX 360 | $350,000 | |
| Listed by RE/MAX 360 | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017