18 Plains Road
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 13, 2024 | Sold | ||
| Sold | |||
| Oct 16, 2024 | In contract | - | |
| In contract | |||
| Oct 10, 2024 | Listed by J. Barrett & Company | $989,000 | |
| Listed by J. Barrett & Company | |||
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Located on a historical way this Gambrel homes first floor includes 4 large rooms, perfect for entertaining, includes granite & S/S kitchen with custom cabinetry, Dining room, Fireplaced Living room, & oversized 4th bedroom with vaulted ceilings (currently used as 2nd Family rm) all with HW Floors, plus a 3-season porch. 2nd floor has a spacious front to back primary suite with 2 closets and spa-like bath, as well as 2 more Bedrooms with additional bath with radiant heat & skylight. Partially finished walk-out lower level has updated utilities and laundry. Professional landscaping, pergola, 2 stone patios, 2 composite decks & one wraps around above ground Gibraltar pool. 2 car garage with attic & attached custom-built heated workshop building with cathedral ceilings, offering endless possibilities. Freshly painted barn with new roof & cupola. Town approved property for a privately owned horse! Come experience the beauty of outer Ipswich. See Feature Sheet List in Docs.
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| Oct 30, 1998 | Sold | ||
| Sold | |||
| Sep 3, 1998 | Listed by J. Barrett & Company | $289,900 | |
| Listed by J. Barrett & Company | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017