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24 Foster 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 |
|---|---|---|---|
| Dec 1, 2010 | Sold | ||
| Sold | |||
| Aug 20, 2010 | Listed by William Raveis R.E. & Home Services | $3,995,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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INCREDIBLE PRIVATE WATER FRONT home on Marblehead Neck. Natural light illuminates this residence. Expansive decks with 180 degree views plus an elegant garden (designed by Barry Archung) seamlessly blends the interior/exterior. The rare find of a DEEP WATER DOCK entices the sailor in you. First floor level offers the possibility of an au pair unit with separate entrance. A 2 car garage + detached garage complete with two horse stalls. ALMOST AN ACRE OF LAND....
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| Apr 25, 2010 | Listed by By The Sea Sotheby's International Realty | $4,500,000 | |
| Listed by By The Sea Sotheby's International Realty | |||
| Nov 8, 2009 | Listed | $4,500,000 | |
| Listed | |||
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PREMIER MARBLEHEAD NECK HARBORFRONT LOCATION. Nearly one acre of exquisitely designed (Barry Archung) grounds and gardens combine with this engaging Frank Lloyd Wright inspired residence. Exclusive pier,gangway and deep water dock (32X16) system offer outstanding harbor access. Unparalleled 180 degree panoramic views of the entire harbor, Boston Skyline, Abbot Hall, Fort Sewall, Beverly Farms and beyond. Long private drive enhances a unique seaside intimacy rarely found. Spectacular sunsets!
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