16 Nonantum Road
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 |
|---|---|---|---|
| Nov 21, 2022 | Sold | ||
| Sold | |||
| Oct 6, 2022 | In contract | - | |
| In contract | |||
| Oct 5, 2022 | Listed by William Raveis R.E. & Home Services | $1,200,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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This charming seaside home features panoramic harbor views and spectacular sunsets! Renovated kitchen and bathrooms, new flooring, roof, skylights, and systems. This home features 3 bedrooms and 2.5 bathrooms. First level boasts an open-living/dining area with stunning harbor views, a half bathroom and a bedroom with en-suite. First level en-suite is perfect for a bedroom, office or den! Second level includes two large bedrooms with oversized closets and a full bathroom with brand new washer and dryer. Two car parking. The basement offers great storage. The grounds have been professionally landscaped/hardscaped with accent lighting. The expansive deck is a great second "living room" during warmer months. Whether you choose to make this your primary residence or a summer destination, enjoy easy living by the sea!
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| Nov 10, 2017 | Sold | ||
| Sold | |||
| Jun 7, 2017 | Listed by William Raveis R.E. & Home Services | $799,900 | |
| Listed by William Raveis R.E. & Home Services | |||
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Enjoy picturesque seaside living right on Salem Harbor. Here is an opportunity to bring your personal touch and creativity to enhance this open concept two bedroom, 2 bath 1,850 square foot waterfront treasure. From the expansive mahogany deck, you will capture the vistas of the sea, the seasonal wildlife, spectacular skies and postcard sunsets - you will be entranced every day. Convenient access to the nearby town dock is only a few steps away. This home, built in 1991, is located in a very quiet and quaint neighborhood of 31 homes that comprise the Bessom Associates waterfront community. Opportunities like this are rare. Imagine ending every day watching the sunset over the harbor from your new home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017