24 Old Point 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 |
|---|---|---|---|
| Sep 10, 2025 | Sold | ||
| Sold | |||
| Jul 18, 2025 | In contract | - | |
| In contract | |||
| May 15, 2025 | Listed by Realty One Group Nest | $1,259,000 | |
| Listed by Realty One Group Nest | |||
| Dec 2, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Sep 3, 2024 | Listed by Realty One Group Nest | $1,369,000 | |
| Listed by Realty One Group Nest | |||
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Introducing 24 OLD POINT ROAD PLUM ISLAND!! Experience unparalleled coastal living w this beautifully updated 3 bdrm, 2 bath home, offering expansive views that will take your breath away. Wake up to stunning sunrises & unwind w mesmerizing sunsets, all from the comfort of your choice of three spacious decks, including one off the primary suite. The home's hardwood floors & gas fireplace add warmth & charm, creating an inviting atmosphere throughout. The custom kitchen w SS appliances and a center island granite bar is ideal for entertaining. The third-floor walk-up space offers endless potential, and ready to be transformed into whatever you envision. Enjoy the convenience of central AC & luxury of being just steps away from pristine beaches, the Parker River Wildlife Refuge, & the PI Sunset Club. Local restaurants & stores are easily accessible, with only a 5-minute drive from downtown Newburyport, where all the city's amenities await. This is a coastal living at it's finest!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017