163 Common Lane
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 |
|---|---|---|---|
| Jun 11, 2024 | Sold | ||
| Sold | |||
| May 1, 2024 | Listed by Keller Williams Realty Boston Northwest | $1,675,000 | |
| Listed by Keller Williams Realty Boston Northwest | |||
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Stunning sun filled Contemporary sitting at the highest point in Beverly! Situated on over 15 acres of private land abutting the Beverly Commons Conservation area with endless possibilities. If you are a lover of nature you will not be disappointed. In this expansive thoughtfully designed 4600+ square foot home you will find a spacious primary first floor suite with new carpeting (2024), a fireplaced bedroom and its own private deck, plus an adjoining study with built-in bookcases, walk-in closet and full bath including a jetted tub and separate shower. Too many amenities/updates to list but they include an updated kitchen (2017), vaulted ceilings throughout, a year round bluestone sunroom (2011) with skylights and radiant solar heat, 4 mini-splits (2021), on demand hot water plus storage tank (2024), main roof replaced along with 4 new skylights in 2023. All this and you are only a short distance to Rte 95/128 as well as West beach, town center and the commuter rail into Boston.
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| Aug 2, 1993 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017