18 Derne Street
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| May 2, 2025 | Sold | ||
| Sold | |||
| Apr 12, 2025 | In contract | - | |
| In contract | |||
| Mar 31, 2025 | Listed | $350,000 | |
| Listed | |||
| |||
|
Are you a real estate developer or contractor looking for your next project? This property has been completely gutted and is ready to be finished. Large fenced-in backyard with patio and green space. Bring your vision and make 18 Derne Street shine again. Incredible opportunity in the heart of Everett! This charming Cape is just minutes away from everything. Enjoy outdoor activities at nearby parks, shopping options include McKinnon's Market, Gateway Center, Costco, and Target. Close proximity to Encore Boston and Assembly Row with upscale dining, entertainment, and gaming. Convenient location with a walk score of 90 out of 100. Easy access to major routes and multiple MBTA bus routes, minutes to Logan Airport and the Orange Line T at both Wellington Station and Assembly Row. Offers are due by Wednesday, 4/9, at 12:00 PM.
| |||
| Feb 8, 2019 | Sold | ||
| Sold | |||
| Dec 19, 2018 | Listed by Leading Edge Real Estate | $279,000 | |
| Listed by Leading Edge Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017