2 Larrabee 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 31, 2024 | Sold | ||
| Sold | |||
| Jun 24, 2024 | In contract | - | |
| In contract | |||
| Jun 20, 2024 | Listed by Coldwell Banker Realty - Beverly | $679,900 | |
| Listed by Coldwell Banker Realty - Beverly | |||
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Beautiful completely renovated charming home on a quiet cul-de-sac! This large 3 bed 2 bath home is turn-key for its new owner. Full gut-rehab upgrades: new plumbing and electric, high efficiency systems, plaster walls, flooring, lighting, kitchen, baths, siding & much more. Everything has been done! Main level includes an open-concept foyer-living area, kitchen with full bath and primary bed & bath. Kitchen features include recess lighting, soft-close cabinets, stainless-steel appliances, Carrara backsplash, quartz countertops, breakfast bar and slider leading to patio and back yard. Gorgeous refinished stairway leads to 2nd level with 2 bedrooms and a bonus area. Large basement has laundry hookups and potential expansion and/or extra storage. Paved driveway leads to 2 car garage with new roof, siding and windows. Private back yard for entertaining. Conveniently located near highways, malls, schools & downtown Danvers restaurants. Won’t last! OH Sat 6/22 & Sun 6/23, 11am-1230pm
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| Nov 28, 2023 | Sold | ||
| Sold | |||
| Oct 27, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017