20 Cheever Avenue
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 |
|---|---|---|---|
| Oct 31, 2025 | Sold | ||
| Sold | |||
| Oct 9, 2025 | In contract | - | |
| In contract | |||
| Sep 30, 2025 | Listed by The Agency Marblehead | $950,000 | |
| Listed by The Agency Marblehead | |||
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Tucked away at the end of a quiet dead-end road, this expanded Cape is surrounded by conservation land with miles of trails and ponds, and within minutes of Old Town and beaches- an unbeatable location for nature lovers and beachgoers alike. Property highlights include a new 3-season porch and garage addition with stunning bonus room including a built-in pull-out queen bed, and porch. This space, as well as the finished basement, are both ideal as guest rooms, home office, home gym, or playroom. High efficiency heating system, central A/C, updated electrical including garage outlet for EV car charging. Open-concept main level where kitchen, dining, and living areas flow seamlessly, complemented by a full bath, family room, and a mudroom with custom lockers. Beautifully landscaped yard with planting beds and private backyard perfect for entertaining, fire pits, and quiet evenings. This home offers the perfect balance of convenience, flexible living space, and serene surroundings.
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| Jun 18, 2002 | Sold | ||
| Sold | |||
| Apr 16, 2002 | Listed by Coldwell Banker Residential Brokerage - Marblehead | $437,500 | |
| Listed by Coldwell Banker Residential Brokerage - Marblehead | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017