20 Francis Rd
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 |
|---|---|---|---|
| Sep 26, 2024 | Sold | ||
| Sold | |||
| Aug 14, 2024 | In contract | - | |
| In contract | |||
| Aug 7, 2024 | Listed by Coldwell Banker Realty - Lynnfield | $634,900 | |
| Listed by Coldwell Banker Realty - Lynnfield | |||
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Spacious home in a quiet neighborhood of desirable SALEM with a large private yard! LOTS OF NEW HERE! This home features 3 generous bedrooms, 2 full bathrooms, and nearly 2000 sq ft of renovated living space. Sunny kitchen w/quartz counters, new appliances, & farmers sink ppens to dining/fireplaced living rooms for easy entertaining. Freshly painted throughout, hardwood floors, new interior doors and renovated baths, 5 NEW MINI SPLITS, NEW HW HEATER, NEW COMPOSITE DECK, NEWER ROOF and CHIMNEY CAP 2021. New sliding door & composite deck with additional seating by the firepit it it ever gets COOL again! The yard really is a tranquil oasis. Large finished lower level provides another living space, possible extended family living space or home office. Garage for the cold winter months and additional storage. Walking distance to Federal Elementary/ Collins Middle School, as well as everything Revitalized Downtown Salem has to offer. Nearby MBTA. You're going to love living here!
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| Aug 4, 2020 | Sold | ||
| Sold | |||
| Jun 10, 2020 | Listed by Coldwell Banker Realty - Lynnfield | $449,900 | |
| Listed by Coldwell Banker Realty - Lynnfield | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017