2 Burton Ave
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 19, 2024 | Sold | ||
| Sold | |||
| Jun 5, 2024 | Listed by Coldwell Banker Realty - Beverly | $779,000 | |
| Listed by Coldwell Banker Realty - Beverly | |||
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This is the one! Welcome home to this wonderfully updated and spacious Colonial located in close proximity to all of Beverly's attractions: a bustling downtown, beaches, parks, and commuter rail. A humble and charming curb appeal leads to over 1,800 sqft of living space, starring the modern eat-in kitchen with quartzite counters, new appliances, large peninsula, and oversized pantry cabinets. The main level provides an open plan between living room, dining room, and four season sunroom leading to a quaint, fenced-in, low maintenance yard. All bedrooms have hardwood floors, ceiling fans, and plus size custom closets. A home office and walk-up finished attic room offer flexible spaces for today's homeowner. Updates include exterior paint (2023), water heater (2022), insulation (2021), 200 amp electrical (2019), roof (2015), and hi-efficiency gas heat with central AC (2012). On a quiet, L-shaped street with ample driveway and detached garage. Write your next chapter at 2 Burton Ave!
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| Oct 30, 2017 | Sold | ||
| Sold | |||
| Sep 7, 2017 | Listed by Keller Williams Realty Evolution | $459,000 | |
| Listed by Keller Williams Realty Evolution | |||
| Sep 7, 2011 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017