2 Hickory Ln
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 |
|---|---|---|---|
| Aug 23, 2024 | Sold | ||
| Sold | |||
| Apr 17, 2024 | In contract | - | |
| In contract | |||
| Apr 12, 2024 | Listed by Leading Edge Real Estate | $479,900 | |
| Listed by Leading Edge Real Estate | |||
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Opportunity knocks! Located on a flat lot in a quiet neighborhood, 2 Hickory Lane is a blank canvas for your finishing touches. Featuring a fantastic floor plan with multiple living spaces, 3 bedrooms, and a partially finished basement, this home provides you the opportunity to make your own choices at a price that allows you to splurge. Enjoy an A plus location close to 114, 95 and all Peabody and Danvers have to offer. The almost half acre lot allows for your entertaining and gardening delight and detached 2 car garage will keep your cars snow free all winter. Join us at one of the open houses Saturday 11-12:30 or Sunday 1-2:30. Offers due Tuesday 4/16 at noon, please see firm remarks for closing timeframes.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017