22 Old Elm St
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 |
|---|---|---|---|
| Mar 4, 2021 | Sold | ||
| Sold | |||
| Jan 27, 2021 | Listed by Redfin Corp. | $500,000 | |
| Listed by Redfin Corp. | |||
| Mar 6, 2020 | Sold | ||
| Sold | |||
| Jan 8, 2020 | Listed by Redfin Corp. | $469,000 | |
| Listed by Redfin Corp. | |||
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Three bedroom colonial with the space and privacy you’ve been looking for. This property features new siding, windows, doors and floors with CoreTec luxury vinyl plank (LVP) throughout. Included is an attached garage on an expansive 1.75-acre lot. The main level has a dining room, kitchen that opens via slider to the rear deck overlooking the large, cleared backyard and a front-to-back living room with a fireplace. The upper level has a full bath and three bedrooms including a spacious master suite with a generous walk-in closet and full bath. Full walk-out basement with laundry and potential for more living space. Excellent location just minutes to 495/95, Rt 110 and Newburyport commuter rail. Enjoy nature and recreation with direct access to the Salisbury Ghost Trail behind the home and the Garrison Trail just minutes away. Zoned for residential and commercial with plenty of off-street parking, perfect for a home business. Available to view on short notice, flexible showing hours.
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| Jul 31, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017