26 Bates 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 |
|---|---|---|---|
| Dec 10, 2025 | Sold | ||
| Sold | |||
| Nov 17, 2025 | In contract | - | |
| In contract | |||
| Nov 6, 2025 | Listed by Assurance Real Estate, LLC | $689,900 | |
| Listed by Assurance Real Estate, LLC | |||
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Tucked on a quiet side street in one of Danvers’ most desirable neighborhoods, this 3-bed, 2-bath home is close to everything: public transportation, shopping, restaurants, and a rare perk, public access to the water just down the street. You’ll even catch partial water views from the property.Inside, the first floor is bright and welcoming, with an open-flow kitchen/living area that makes cooking and entertaining feel connected. The kitchen features stainless steel appliances and granite countertops, clean, modern, and ready for everyday life.Both bathrooms have been updated, and the finished basement offers flexible bonus space, perfect for a home office, workout area, or a hangout/TV room.Outside, the large deck overlooks a professionally maintained fenced-in yard, ideal for pets, or just relaxing with coffee or a glass of wine.This home has been cared for, updated, and is truly move-in ready. No surprises. Just a great house in a great neighborhood.
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| Dec 21, 2015 | Sold | ||
| Sold | |||
| Oct 22, 2015 | Listed by Mayflower Realty Group | $369,900 | |
| Listed by Mayflower Realty Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017