256 Elm Street
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 29, 2020 | Sold | ||
| Sold | |||
| Mar 18, 2020 | Listed by Residential Realty Group | $489,900 | |
| Listed by Residential Realty Group | |||
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Absolutely charming Colonial of yesteryear with peaceful water views of the Ipswich River. Great for kayaking and fishing This home is located on the quiet part of Elm Street. Gorgeous kitchen with granite counters and stainless steel appliances. Dining area with a slider opening to an oversize deck with a beautiful view. This home boasts beautiful custom archways. Home office or living room. The spacious family room located off the kitchen has an updated full bath. Upstairs enjoy three bedrooms with great closet space. New hardwood floors in the family room and bedrooms. Adorable Cobblers Cottage is heated with electric heat, great for office or studio. Almost two acres of land. Superstore hot water heater and Roth oil tank. Short distance to North Reading Center and Schools. Batchelder School district. Simply Charming!!
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| Oct 10, 2013 | Sold | ||
| Sold | |||
| Jan 12, 2013 | Listed by William Raveis R.E. & Home Services | $349,999 | |
| Listed by William Raveis R.E. & Home Services | |||
| Aug 1, 1996 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017