24 Washington St
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 |
|---|---|---|---|
| Jul 2, 2020 | Sold | ||
| Sold | |||
| Apr 20, 2020 | Listed by Molisse Realty Group LLC | $283,000 | |
| Listed by Molisse Realty Group LLC | |||
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Quaint, updated colonial style home situated only steps from North Reading center amenities, including top rated North Reading schools, playing fields, library, stores, and restaurants. Recent updates include new 100k BTU Goodman gas furnace, new Energy Star certified energy efficient double hung, double pane Anderson windows and trim. Stainless appliances kitchen, first floor half bath, deck overlooking the beautiful Ipswich River canoe, kayak, fish from your own yard. Laundry in full Basement and title 5 in hand. Close to major commuter routes 25 minutes from Boston. Great opportunity for buyer looking for a condo alternative or downsizing.
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| May 16, 2014 | Sold | ||
| Sold | |||
| Mar 21, 2014 | Listed by Bay State Properties Network | $219,900 | |
| Listed by Bay State Properties Network | |||
| Aug 14, 2009 | Sold | ||
| Sold | |||
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