18 Sullivan Rd
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 |
|---|---|---|---|
| Jul 10, 2024 | Sold | ||
| Sold | |||
| Jun 5, 2024 | In contract | - | |
| In contract | |||
| May 29, 2024 | Listed by Keller Williams Realty/Merrimack Valley | $595,000 | |
| Listed by Keller Williams Realty/Merrimack Valley | |||
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Old New England Charm meets Modern Amenities in this Waterfront home on Beaver Brook. Originally built in 1865, this home was lovingly renovated and enlarged in 2005 with a seamless and spacious 24 ft by 32 ft addition. All windows replaced, vinyl siding added, updated 200 amp electrical. Current owners continued to add many quality upgrades including new boiler in 2018. In the Original Home: The charm of a classic 19th century Dining Room & Living Room with wide pine flooring—some 1865 original, some recently custom crafted to perfectly blend. An Office with half bath. A spacious Bedroom. Full Bath. Added New in 2005: A 16'X24' Country Kitchen with breakfast nook, granite counters, center island, double oven, counter-top range, tile floors. A 15'X24' front to back Family Room with formaldehyde-free bamboo flooring, bay window in front, and sliders in back overlooking the river and lush green backyard. Upstairs, two more Bedrooms and a Bonus Room along with a 3/4 tiled bath. House wired for generator. A recent Composite Deck spans back of house and overlooks the private back yard which gently rolls down to Beaver Brook-- A great place to relax and view wildlife or grab a tube for a leisurely river ride. The Floor Plan provides possibilities for easy conversion into a 2+ bedroom home with a 1 bedroom in-law suite. Don't just drive by! This unique home is absolutely worth a look. OH: Sat., June1, 11-1 and Sun. June 2, 12-2.
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| Nov 20, 2018 | Sold | ||
| Sold | |||
| Sep 29, 2018 | Listed by Berkshire Hathaway HomeServices Verani Realty | $379,000 | |
| Listed by Berkshire Hathaway HomeServices Verani Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017