248 Elm 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 |
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| Jan 25, 2019 | Sold | ||
| Sold | |||
| Apr 12, 2018 | Sold | ||
| Sold | |||
| Mar 7, 2018 | Listed by Coldwell Banker Realty - Haverhill | $289,900 | |
| Listed by Coldwell Banker Realty - Haverhill | |||
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INVESTOR & CONTRACTORS welcome to your next project. Home features 4 bedrooms and 2 fulls baths with wide board pine floors and is awaiting your restoration. This historic home is also known as the Thomas Carter House, circa 1793. Located on 1.1 acres and abuts the Ipswich River, includes 3 bay barn/garage. Property will not qualify for conventional financing. Home will require extensive rehab. See Firm Remarks for offer submission instructions.
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| Jul 29, 2005 | Sold | ||
| Sold | |||
| Apr 5, 2005 | Listed by Century 21 North Shore | $399,900 | |
| Listed by Century 21 North Shore | |||
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Country living at its best with a 3 Bay Barn equipped with elect, great for storage, display of Antiques, workshop, crafts, tools, machinery, equipment, cars, boat. New lrg dog kennel outside under barn. Located on over 1 acre, convenient location, move-in condition with new roof & heat system, renovated kitchen & baths. Best of Antique & modern conveniences, with 1st fl. laundry & Fam rms off Kitchen, 4 bdrms upstairs, a full bath on each fl. Wide pine fl., antique features, doors & latches.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017