21 - 23 Prince Street
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 |
|---|---|---|---|
| Feb 28, 2025 | Sold | ||
| Sold | |||
| Jan 29, 2025 | In contract | - | |
| In contract | |||
| Jan 21, 2025 | Listed by William Raveis R.E. & Home Services | $695,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Located in a highly desirable central location, this beautifully updated 2-bedroom home offers an exceptional combination of style, convenience, and natural beauty. Set on an oversized double lot, the property directly abuts the Rail Trail conservation land, providing access to scenic walking paths that connect you to downtown Marblehead and the neighboring towns of Salem and Swampscott. Explore the tranquility of nature with ponds, wildlife, and peaceful surroundings right in your backyard. This home has been thoughtfully renovated with updates throughout, creating a warm and inviting space perfect for today’s lifestyle. The beach and downtown are just over a half a mile away, making this the ideal spot for enjoying all that Marblehead has to offer. Whether you’re relaxing in the comfort of your home or taking in the beauty of the trails, this property is a rare find that blends privacy, location, and charm. Don’t miss your chance to make this special home your own!
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| Dec 29, 2017 | Sold | ||
| Sold | |||
| Nov 12, 2017 | Listed by William Raveis R.E. & Home Services | $399,000 | |
| Listed by William Raveis R.E. & Home Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017