23 Nonantum Road
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 29, 2012 | Sold | ||
| Sold | |||
| Nov 3, 2011 | Listed by William Raveis R.E. & Home Services | $419,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Stunning water view cottage along western shore of Salem Harbor. Beach rights. 2-bed, 2-baths, central air. Large living room, fireplace, and entertainer's kitchen & dining room. Water views every room. Two 8 x 23 decks to enjoy the landscaped grounds, sunny skies, and water views. Boat Storage. Newer 2 car heated garage with finished room above. Home includes 1/31st share interest in Bessom Associates, Inc, a 12.2 acre land cooperative. Adjacent access to town landing, and boat launch services.
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| Apr 29, 2010 | Listed by William Raveis R.E. & Home Services | $475,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Amazing harborviews from every room of this renovated cape style home set directly across from Salem Harbor. Other features include oversized two car garage with a large finished heated room above, large covered front porch, deck from both bedrooms with sliders, two fireplaces, central air conditioning, hardwood floors, two fireplaces, two full baths, eat-in kitchen,additional parking and storage and much more. This home offers a flexible floor plan and potential for expansion.
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| May 1, 2003 | Sold | ||
| Sold | |||
| Jan 28, 2003 | Listed by Cornerlot | $439,000 | |
| Listed by Cornerlot | |||
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GREAT HARBOR VIEWS FROM THIS COMPLETELY RENOVATED COTTAGE. EVERYTHING IS NEW - HEATING, CENTRAL AIR, KITCHEN BATH, FIREPLACE. COZY PORCH, MANICURED LAWN AND GARDEN HOME IS PART OF A COOP ($275/YEAR)
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017