2 Avon Street
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 |
|---|---|---|---|
| Jun 16, 2025 | Sold | ||
| Sold | |||
| May 6, 2025 | In contract | - | |
| In contract | |||
| Apr 26, 2025 | Listed | $529,000 | |
| Listed | |||
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Welcome to 2 Avon Street in Peabody—a charming 3-bedroom, 2-bath home tucked away at the end of a dead-end street! Situated on an expansive double lot, this property offers a front porch, open living and dining area with refinished hardwood flooring, perfect for everyday enjoyment or entertaining guests. The large eat-in kitchen is comfortably functional now, yet spacious enough to personalize and renovate at your own pace. More recent updates include a high-efficiency FHW gas heating system and updated electrical service, newly installed privacy fence with room for 4+ cars off-street parking. Adding to its appeal, this property directly abuts Carol Savage Park and is conveniently located next to South Memorial Elementary School, providing wonderful recreational and community opportunities just steps away. Full basement, with space for an office, or recreation area, along with generous storage options. Open 1-3 Sat & Sun Offers if any due Mon. 5/5 at 5:00
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| Nov 7, 2022 | Sold | ||
| Sold | |||
| Oct 8, 2022 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017