2 Auburn St
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 |
|---|---|---|---|
| Oct 30, 2015 | Sold | ||
| Sold | |||
| Sep 10, 2014 | Sold | ||
| Sold | |||
| Feb 1, 2013 | Listed by Herlihy Realty Group | $265,000 | |
| Listed by Herlihy Realty Group | |||
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Beautiful lot in the desirable Woodvale section of Danvers. The perfect cul de sac location to build or renovate your dream home. Property also abuts Danvers High School. There is no seller's disclosure, and the property has been vacant since 2011. No representations or warranties are being made by seller and/or broker, and buyer must do his or her own due diligence. As is/where is sale (possible mold and/or water damage).
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