245 Newbury 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 |
|---|---|---|---|
| May 13, 2024 | Sold | ||
| Sold | |||
| Mar 26, 2024 | In contract | - | |
| In contract | |||
| Mar 20, 2024 | Listed by Rowley Realty | $699,900 | |
| Listed by Rowley Realty | |||
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Custom colonial with room for everyone. What a location! Backing up to the state forest is this absolutely gorgeous lot. Walkout lower level with 3/4 bath and bar/sink area could work as an in-law. Double closet in the front to back master bedroom. Cozy up to the wood burning fireplace in formal living room which features french doors to huge family room that is open to the finished lower level. Kitchen dining room combo is perfect for family gatherings. Unfinished mud room or if you'd like an office that leads to big attached garage with a huge amount of storage under (accessed from outside). 4 bedrooms upstairs and a total of 3 full baths. Create immediate equity with your hard work. Can't find a lot like this anywhere. Come see! Great location, only 2 miles to Route 95 or 2 miles to Route 1 in Ipswich. No showings until the Open Houses on Saturday, March 23th from 12-1:30 and Sunday, March 24th from 12-1:30. Any offers due by 6pm on Monday, March 25th.
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| Jan 2, 1997 | Sold | ||
| Sold | |||
| Jul 12, 1996 | Listed by Rowley Realty | $279,000 | |
| Listed by Rowley Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017