23 Puritan 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 |
|---|---|---|---|
| Aug 5, 2024 | Sold | ||
| Sold | |||
| Jul 3, 2024 | In contract | - | |
| In contract | |||
| Jun 25, 2024 | Listed by William Raveis R.E. & Home Services | $849,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Nothing compares to carefree life by the sea and this great 3 bedroom, 3bath home in the Ocean Park Neighborhood, offers the best of both! This great property is loaded with many recent updates and custom features. Starting on the outside with impeccable bluestone hardscapes and thoughtful plantings in front and back, the low maintenance outside spaces are cozy and private. Inside there is a wonderful sunlit, open floor plan with new kitchens and baths which blends perfectly with the charm of the original home. Offering 2 bedrooms and 2 full bathrooms on the first level, there is a very practical one floor living opportunity. In addition, there is a full suite in the walkout lower level offering a large family room, bedroom and full bath. The private patio is just outside this charming living space. The Ocean Park Neighborhood is a very active association and has a private waterfront with dock, beach and kayak storage. One of Marblehead's prized neighborhoods with direct harbor access!
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| Aug 31, 2017 | Sold | ||
| Sold | |||
| Jul 20, 2017 | Listed by William Raveis R.E. & Home Services | $549,900 | |
| Listed by William Raveis R.E. & Home Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017