18 Hobart Avenue
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 |
|---|---|---|---|
| Dec 6, 2019 | Sold | ||
| Sold | |||
| Oct 5, 2019 | Listed by Coldwell Banker Residential Brokerage - Beverly | $460,000 | |
| Listed by Coldwell Banker Residential Brokerage - Beverly | |||
| Dec 20, 2013 | Sold | ||
| Sold | |||
| Sep 11, 2013 | Listed by RE/MAX On The River, Inc. | $389,000 | |
| Listed by RE/MAX On The River, Inc. | |||
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Your seaside retreat awaits! Enjoy unobstructed water views and a sea breeze from this bright and beautiful 2 bedroom, 1.5 bath single family home. Set in a tranquil and quaint Beverly neighborhood, this home offers an open layout, cook's kitchen with stainless steel Jenn-Air appliances, dining area and a spacious living room with a wood burning fireplace. The second floor boasts additional living space and an opportunity to create a third bedroom. Sun drenched master bedroom with a vaulted ceiling and picture window overlooking Bass Cove. Beautiful yard with gardens, patio and back deck with sliders from the kitchen. Enjoy the nearby marina or travel downtown to Beverly's shopping, restaurants, parks, and beaches. Minutes to the commuter rail. Complete with 2 offstreet parking spaces, a freshly painted exterior and ample storage space, this home is a great find!
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| Oct 26, 2007 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017