2 Butman Street
About This Property
Listed By
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 23, 2026 | Relisted | $1,495,000 | |
| Relisted | |||
| Jul 13, 2026 | In contract | - | |
| In contract | |||
| Jul 7, 2026 | Listed by Coldwell Banker Realty - Beverly | $1,495,000 | |
| Listed by Coldwell Banker Realty - Beverly | |||
| Mar 29, 2016 | Sold | ||
| Sold | |||
| May 12, 2014 | Listed by RE/MAX Advantage Real Estate | $849,900 | |
| Listed by RE/MAX Advantage Real Estate | |||
| | |||
|
Magnificent Victorian era estate built in 1898. Includes a large & elegant fireplaced living room, formal dining room, gourmet kitchen w/butler’s pantry, & 2 master suites. An ornate wooden stairway, decorative mahogany fireplace, several oversized pocket doors, & expansive curved wooden archways all evoke the ambience, charm & grandeur of turn of the 20th century craftsmanship & prestige. The property features grand, yet comfortable, spatial proportions. Capturing an abundance of natural light, the home has a striking number of windows & is richly appointed w/hardwoods: Oak, Mahogany & Bird’s Eye Maple. Modern updates: an oversized kitchen with Viking gas stove top, twin Jenn Air wall ovens, & Kinawa Rose granite countertops. Mechanical updates: new twin, gas fired hot air furnaces & a new 200 amp electrical service. A 2 story 1,700 SF carriage house completes the property. Adjacent to Beverly Commons, the Public Library, downtown Beverly & Dane St Beach are just steps away.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017