27 Bayberry Lane
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 |
|---|---|---|---|
| Oct 18, 2024 | Sold | ||
| Sold | |||
| Sep 24, 2024 | In contract | - | |
| In contract | |||
| Sep 11, 2024 | Listed by exp Realty | $195,000 | |
| Listed by exp Realty | |||
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.93 Acres +- Wooded Land at the end of well sought after Bayberry Lane. Zoned R2 which allows for many Residential uses to include Accessory Apartment (special permit), Home Occupations (special permit). Here is your opportunity to build your Dream Home with an Accessory Apartment (Special Permit) at the end of an amazing neighborhood. Close to Rte. 1, Rte., 95 & 495, Seacoast Beaches, Historic Newburyport and New Hampshire Tax Free shopping.
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| Mar 31, 2004 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017