20 Longbrook Road
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 2, 2024 | Sold | ||
| Sold | |||
| Jul 6, 2024 | In contract | - | |
| In contract | |||
| Jun 13, 2024 | Listed by Stone Ridge Properties, Inc. | $925,000 | |
| Listed by Stone Ridge Properties, Inc. | |||
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Rare opportunity in the coveted Academy Park neighborhood in Byfield. For sale by the original owners, this 9 room, 4 bedroom, 2 1/2 bath colonial has been meticulously maintained. Attention to detail & quality construction is evident throughout. Almost everything maintenance-wise has been addressed over the years: exterior paint, windows, roof, garage doors, furnace, septic-system, water purifier, automatic generator & vanities. What's left is your own cosmetic touches to personalize each room. Some features include a large EIK, family room w/ access to the back yard, living room w/ gas fireplace & a private office. Main bedroom w/ a walk-in closet & ensuite bath. From the composite deck you can see the expansive, level, private yard. Easy access to highways, commuter rail, and downtown Newburyport. Close proximity to Essex Greenbelt trails & a Newbury Resident parking sticker gives you parking along the beach accesses on Plum Island or to pop your boat/kayak into the Parker River.
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| Aug 17, 1993 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017