2 Ferry Road #B
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 |
|---|---|---|---|
| Dec 28, 2023 | Sold | ||
| Sold | |||
| Sep 11, 2023 | Listed by Keller Williams Realty Evolution | $574,900 | |
| Listed by Keller Williams Realty Evolution | |||
| | |||
|
Fantastic opportunity in this 10 year young townhouse with over 1500 sq ft, 3 bedrooms, 2.5 baths, FIRST FLOOR PRIMARY BEDROOM SUITE with walk in closet, 2 CAR GARAGE, OVERSIZED PRIVATE PATIO, and parking for 6-8 cars! This lovely home is one of only 2 units, and boasts open concept living, hardwood floors throughout the 1st floor with cozy gas fireplace, gas cooking and gas heat, central air, light and bright kitchen with granite countertops, half bath, laundry and access to the basement. The second floor offers 2 spacious bedrooms with a ‘jack & jill’ style full bath and plenty of closet space. Amazing, partially fenced in private backyard/patio with direct access to both the garage & home. The large lot offers an oversized 2 car garage, parking for 6-8 cars and additional storage. Conveniently located less than 2 miles to Salisbury beach and downtown Newburyport, highways and shopping. Easy maintenance vinyl siding and NO COST solar panels w/ incredible savings!
| |||
| Jul 25, 2023 | Withdrawn | - | |
| Withdrawn | |||
| Jul 10, 2023 | Listed by Keller Williams Realty Evolution | $599,900 | |
| Listed by Keller Williams Realty Evolution | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/10/2023
|
3 Bed
|
3 Bath
|
-
|
$599,900
3 Bed
3 Bath
|
-
-
|
The Luchini Homes Group
Keller Williams Realty
| |
|
09/11/2023
|
3 Bed
|
3 Bath
|
1501 ft²
|
$599,900
3 Bed
3 Bath
1501 ft²
|
$579,900
-3.33%
12/28/2023
|
Willis and Smith Group
Keller Williams Realty Evolution
| |
|
11/16/2013
|
3 Bed
|
3 Bath
|
1628 ft²
|
$294,900
3 Bed
3 Bath
1628 ft²
|
$291,000
-1.32%
03/28/2014
|
Joshua Naughton
RE/MAX Innovative Properties
| |
|
11/16/2013
|
3 Bed
|
2 Bath
|
1628 ft²
|
$289,900
3 Bed
2 Bath
1628 ft²
|
$286,000
-1.35%
02/06/2014
|
Joshua Naughton
RE/MAX Innovative Properties
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017