2 Glenway 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 24, 2025 | Sold | ||
| Sold | |||
| Jul 16, 2025 | In contract | - | |
| In contract | |||
| Jul 8, 2025 | Listed | $479,900 | |
| Listed | |||
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Charming Potential Awaits at 2 Glenway, Peabody! Discover the perfect opportunity for first-time homebuyers or those seeking to downsize with this delightful property. Featuring four spacious rooms, including two cozy bedrooms and a full bath, this home offers a comfortable layout with room to grow. The large unfinished basement boasts high ceilings, presenting endless possibilities for additional living space. Set on a generous fenced-in lot, you'll find ample parking and a safe area for outdoor activities. Enjoy the benefits of oil heat and upgraded electrical systems, with laundry conveniently located in the basement. While the home could use a touch of TLC, it’s an ideal canvas for your personal upgrades and renovation dreams. Don’t miss this chance to transform 2 Glenway into your dream home!
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| Mar 16, 2004 | Sold | ||
| Sold | |||
| Jun 16, 2003 | Listed by Coldwell Banker Residential Brokerage - Lynnfield | $299,900 | |
| Listed by Coldwell Banker Residential Brokerage - Lynnfield | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017