25 Purchase 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 |
|---|---|---|---|
| Sep 24, 2025 | Sold | ||
| Sold | |||
| Aug 26, 2025 | In contract | - | |
| In contract | |||
| Aug 20, 2025 | Price Decreased |
$679,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
| Jul 29, 2025 | Listed by RE/MAX 360 | $689,000 | |
| Listed by RE/MAX 360 | |||
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DANVERS 4 BEDROOM with 1700 sq. ft. of finished space. Welcome Home to 25 Purchase Street. Sellers relocating out of state. Recently renovated 4-Bedroom, 2 full bath, Cape style home! This home has over 1,700 sq. ft. of living space including 541 sq. ft. of finished lower level space. The 1st level features a spacious living room, 2 large bedrooms, a full bath, a newly renovated kitchen, 3 season sunroom that leads to a lovely deck w/ grill & an expansive level 6,534 sq. ft. yard. The 2nd floor has 2 large bedrooms. The finished lower level has a large family room, laundry room & brand new full bathroom. Home has been completely updated! Newer vinyl siding, updated electrical, newer plumbing, renovated lower level w/ bulkhead & brand new french drain system. New Central Air, Gas Heating, Bathrooms, Kitchen, Electrical, & so much more! Roof approx. 12 yrs. Not to be missed. Just in time for the new school year. W&D, Grill and all appliances left as a gift. Nothing to do but move in.
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| Feb 12, 2025 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017