1
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162R Front Street
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Cap Rate Calculator
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 26, 2007 | Sold | ||
| Sold | |||
| Sep 22, 2007 | Listed | $749,000 | |
| Listed | |||
| Jun 1, 2006 | Sold | ||
| Sold | |||
| Mar 2, 2006 | Listed | $699,000 | |
| Listed | |||
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ENJOY CAREFREE LIVING IN THIS PRISTINE 2 LEVEL HOME WITH PANORAMIC VIEWS OF BOTH MARBLEHEAD HARBOR AND LITTLE HARBOR. GRANITE KITCHEN, BALCONY, 3 CAR PARKING PLUS GARAGE.SHORT STROLL TO FORT SEWALL AND THE ANTIQUE SHOPS IN OLD TOWN. WATCH THE BOATS TRAVEL IN AND OUT OF THE HARBOR FROM YOUR LIVING ROOM WINDOW.
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| Sep 28, 2001 | Sold | ||
| Sold | |||
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