18 Front Street #1
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%.
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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 3, 2013 | Sold | ||
| Sold | |||
| Oct 30, 2012 | Listed by Brattle Associates Real Estate | $175,000 | |
| Listed by Brattle Associates Real Estate | |||
| | |||
|
Wonderful one bedroom garden style condominium with newer hardwood floors throughout. Originally known as the Captain William Dixey's Tavern in 1641. One bedroom, one bath open concept unit walking distance to the harbor. Woodstove in kitchen and dining area. Washer/dryer hook up in the unit with storage space in the basement. Large shared back yard, one car carport and one off street parking.
| |||
| Mar 25, 2005 | Sold | ||
| Sold | |||
| Feb 8, 2005 | Listed by Coldwell Banker Realty - Gloucester | $229,900 | |
| Listed by Coldwell Banker Realty - Gloucester | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/22/2026
|
2 Bed
|
1 Bath
|
1070 ft²
|
$474,900
2 Bed
1 Bath
1070 ft²
|
$520,000
+9.50%
06/08/2026
|
Steven Belesis
Citylight Homes LLC
| |
|
04/14/2015
|
2 Bed
|
1 Bath
|
1070 ft²
|
$229,900
2 Bed
1 Bath
1070 ft²
|
$233,100
+1.39%
05/22/2015
|
Ted Richard
J. Barrett & Company
| |
|
10/30/2012
|
1 Bed
|
1 Bath
|
800 ft²
|
$175,000
1 Bed
1 Bath
800 ft²
|
$165,000
-5.71%
05/03/2013
|
Cynthia Beaudoin Patturelli
Brattle Associates Real Estate
| |
|
02/08/2005
|
1 Bed
|
1 Bath
|
800 ft²
|
$229,900
1 Bed
1 Bath
800 ft²
|
$226,000
-1.70%
03/25/2005
|
Nancy Goodick
Coldwell Banker Realty - Gloucester
| |
|
11/18/2002
|
1 Bed
|
1 Bath
|
800 ft²
|
$185,000
1 Bed
1 Bath
800 ft²
|
$172,000
-7.03%
03/24/2003
|
Robert Stallard
RE/MAX Advantage Real Estate
| |
|
07/30/2002
|
1 Bed
|
1 Bath
|
1070 ft²
|
$229,900
1 Bed
1 Bath
1070 ft²
|
$214,000
-6.92%
10/31/2002
|
Peter Meo
Coldwell Banker Realty - Beverly
| |
|
06/05/1995
|
2 Bed
|
1 Bath
|
1070 ft²
|
$99,500
2 Bed
1 Bath
1070 ft²
|
$96,000
-3.52%
02/29/1996
|
Heidi Roberts
Keller Williams Realty Evolution
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017