23 May 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 |
|---|---|---|---|
| Aug 30, 2024 | Sold | ||
| Sold | |||
| Jul 25, 2024 | In contract | - | |
| In contract | |||
| Jul 17, 2024 | Listed by Coldwell Banker Realty - Haverhill | $700,000 | |
| Listed by Coldwell Banker Realty - Haverhill | |||
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This well-loved property is for sale for the first time in 43 years! This home is located in a quiet South Peabody neighborhood with a fenced in yard and beautiful conservation land behind the property line. It is filled with handcrafted wood features, including the gorgeous kitchen cabinets, and the vaulted ceiling and fireplace in the family room. The large bedroom suite is located on the main living floor, which holds an enclosed area for the washer/dryer, it's own bathroom with a shower, and access to the back porch and yard. Two of the other bedrooms, a second living room, well-equipped kitchen and room for dining, and a full bathroom are also located on the main living floor. The downstairs/basement is a large area including the two additional bedrooms, a bathroom with a shower, extra unfinished space, a utility room, and a garage that is currently being utilized as as a woodworking shop. Lots of potential here!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017