21 True 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 |
|---|---|---|---|
| Jun 30, 2011 | Sold | ||
| Sold | |||
| May 26, 2011 | Listed by Heritage Realty Associates | $179,000 | |
| Listed by Heritage Realty Associates | |||
| | |||
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LARGE, BEAUTIFUL, LANDSCAPED 1,7 Ac ( 74.052 sq.ft. ) LOT, WITH 205 FT. FRONTAGE AND 435 FT. DEPTH IN ONE OF THE PRIME SALISBURY NEIGHBORHOODS OF FINE SINGLE FAMILY HOMES. WELL MAINTAINED HOME BY THE ORIGINAL OWNER. ENJOY LIVING IN A FAMILY NEIGHBORHOOD. CLOSE TO THE LONGEST ATLANTIC BEACH IN MASSACHUSETTS AND THE HISTORIC NEWBURYPORT SEA PORT. COMMUTERS' DREAM LOCATION : CLOSE TO RT 95 EXIT #58, RT 495 EXIT #55 , RT 110, RT 1, RT 1A, RT 113.
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| Jul 15, 2010 | Listed by Heritage Realty Associates, Inc. | $199,000 | |
| Listed by Heritage Realty Associates, Inc. | |||
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