20-R Cross St
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 |
|---|---|---|---|
| Dec 29, 2023 | Sold | ||
| Sold | |||
| Dec 12, 2023 | In contract | - | |
| In contract | |||
| Nov 30, 2023 | Listed by J. Barrett & Company | $695,000 | |
| Listed by J. Barrett & Company | |||
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Circa 1895 Colonial located in the sought after Cove section of Beverly has been in the same family for several generations & awaits your renovating touches. This sun filled, charming property with 4 Bedrooms & 1.5 baths is set on .27 acres off of Cross Street Accented with period details, hardwood floors in several rooms, built-in cabinets, bookcase & decorative window moldings. A unique, oversized bow window is shared by the LR and DR. There is a wood stove and bay window in the FR. A walk-up third floor with skylight offers expansion potential with numerous possibilities as does the detached two car garage including a separate work room with exterior access & unfinished second floor space. Private yard has established plantings in addition to perennial gardens and large shed. Ideally located near local beaches, parks, train, The Cove School & all that Beverly has to offer. This is a unique opportunity to add your personal design & value to a special home in an ideal location
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017