2 Bancroft Ln
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 30, 2024 | Sold | ||
| Sold | |||
| Jul 1, 2024 | In contract | - | |
| In contract | |||
| Jun 26, 2024 | Listed by Purple Finch Properties LLC | $525,000 | |
| Listed by Purple Finch Properties LLC | |||
| | |||
|
This delightful 2 bed, 1.5 bath Antique dormered Cape, built in 1856, seamlessly blends historic charm with modern upgrades. Nestled in historic Merrimacport, only 4 miles from Downtown Amesbury and 9 miles from Newburyport, this coastal home offers convenience with scenic water views of the Merrimack River. The layout is both cozy and practical with the 1st floor featuring a beautifully renovated kitchen, airy dining room with stunning water views, cozy living room, full 4-piece bath and convenient stackable washer and dryer. Upstairs, you'll find the primary bedroom, a 2nd bedroom and half bath. This commuter-friendly home is just a few miles from the highway, yet it feels peacefully removed from the hustle and bustle of everyday life. With glimpses of the river adding to its allure, this lovely home with private backyard and patio, presents an appealing option for those seeking a move-in-ready home in a historic setting! ** Offer deadline: Sunday 6/30 at 4pm. **
| |||
| Jul 15, 2019 | Sold | ||
| Sold | |||
| Jun 5, 2019 | Listed by Purple Finch Properties LLC | $387,500 | |
| Listed by Purple Finch Properties LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017