2 Elliot 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 |
|---|---|---|---|
| Nov 4, 2008 | Sold | ||
| Sold | |||
| Sep 4, 2008 | Listed | $234,900 | |
| Listed | |||
| Mar 13, 2006 | Sold | ||
| Sold | |||
| Sep 26, 2005 | Listed by Danvers Realty Group | $299,900 | |
| Listed by Danvers Realty Group | |||
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Many updates done to this 7 room, 3br home, near schools, town, major routes with waterviews of the Danvers River. Wood floors in kitchen, dining room and bedrooms were recently renovated. Replacement windows throughout. Completely updated bath on second floor with corian counters. Great location for in-home occupation.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017