2 Princeton 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 |
|---|---|---|---|
| Aug 29, 2024 | Sold | ||
| Sold | |||
| Jul 15, 2024 | In contract | - | |
| In contract | |||
| Jun 26, 2024 | Listed by Sagan Harborside Sotheby's International Realty | $749,900 | |
| Listed by Sagan Harborside Sotheby's International Realty | |||
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You will appreciate this 4-bedroom 2-bath cape in a very convenient and desirable North Beverly location. The first-floor flows nicely featuring an updated open kitchen with quartz countertops and stainless appliances which leads into the dining room with attractive built-in cabinet. The fireplaced living room is spacious and blends well with the rest of the first floor to offer great space for entertaining as well as cozy family spaces for more intimate gatherings. The welcoming den features sliders opening onto the large deck overlooking the expansive, fenced in, flat yard. Over the past few years there have been numerous updates including the solar panels, mini-splits for cooling (and heat), roof and so much more (see list). This home is ideally located just minutes from the highway and the North Beverly train station, the shops and restaurants, and less than a 1/2 mile to the Beverly Golf and Tennis Club.
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| Sep 17, 2020 | Sold | ||
| Sold | |||
| Jul 18, 2020 | Listed by Sagan Harborside Sotheby's International Realty | $569,900 | |
| Listed by Sagan Harborside Sotheby's International Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017