261 Central 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 |
|---|---|---|---|
| May 1, 2026 | Sold | ||
| Sold | |||
| Apr 15, 2026 | In contract | - | |
| In contract | |||
| Apr 7, 2026 | Listed by Lamacchia Realty, Inc. | $679,000 | |
| Listed by Lamacchia Realty, Inc. | |||
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Set back on a picturesque 1-acre parcel and bordering acres of woods, this recently renovated home offers the perfect blend of original architectural details and modern updates. Inside enjoy a new kitchen, fresh interior paint, and refinished wood flooring. Character-rich details shine throughout, including a double-sided fireplace, beamed ceiling, wainscoting, built in shelving, brick flooring, and French doors. Designed for easy single-level living, a calming neutral palette is accentuated by warm natural light. Outdoors, a brick patio and expansive level lot create endless opportunities for entertaining, gardening, or relaxing in nature. Hobbyists will love the chicken coop, raised garden beds, and established perennial gardens. Ideally located near commuter rail services, downtown Newburyport, area beaches, trail systems, and the town boat launch, this property offers a captivating blend of scenic charm and everyday accessibility. Showings start at open house on 4/9 from 5:00-6:30.
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| Nov 14, 2002 | Sold | ||
| Sold | |||
| Jul 6, 2002 | Listed by RE/MAX On The River, Inc. | $299,900 | |
| Listed by RE/MAX On The River, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017