20 Marion 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 |
|---|---|---|---|
| Jan 7, 2025 | Sold | ||
| Sold | |||
| Dec 7, 2024 | In contract | - | |
| In contract | |||
| Nov 20, 2024 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $629,900 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
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Welcome to your new home! This newly updated Cape is located just minutes away from Beverly’s Commuter Rail Station, Cummings Center, and all that Beverly’s vibrant downtown has to offer! As you enter the front door you are greeted by the bright main floor with high ceilings and newly refinished hardwood flooring throughout! The inviting living room has a nice flow into the sun-filled kitchen as well as sizable bedrooms and a newly renovated bathroom. This thoughtfully appointed home has multiple exterior and interior updates including roofing, siding, custom storm doors, modern awnings, and main floor windows. The basement is full-size and has plenty of room for storage and recreation. There is ample parking with the detached garage and level driveway. The attic space and large lot provide endless opportunities for future expansion! Do not miss out on this exceptional home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017