223 Walnut 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 |
|---|---|---|---|
| Jul 27, 2020 | Sold | ||
| Sold | |||
| Mar 21, 2020 | Listed by Cameron Real Estate Group | $180,000 | |
| Listed by Cameron Real Estate Group | |||
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Land!! Secluded location with easy access to Rt,1, Boston &North Shore! This is a great opportunity to build a new home on a secluded lot that abuts a 15 acre conservation area at rear of property w/100' buffer zone. Approved for single family. Buyer and Buyer's Agent due diligence required to verify all property information! The information contained is best available and subject to Buyer's verification with Saugus Building Dept. Certificate of approval in hand! SEE ATTACHMENTS FOR PLANS,COVENANT & CERT. OF APPROVAL. CASH OFFERS MUST HAVE PROOF OF FUNDS OR BANK LETTER STATING PROOF OF QUALIFICATION
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