27 Orne
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 |
|---|---|---|---|
| Apr 14, 2023 | Sold | ||
| Sold | |||
| Feb 21, 2017 | Sold | ||
| Sold | |||
| Jun 30, 2016 | Sold | ||
| Sold | |||
| May 11, 2016 | Listed by MerryFox Realty | $399,900 | |
| Listed by MerryFox Realty | |||
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Antique in the heart of "Old Town" Marblehead. Original character and details awaits the new owner with work needed. Sought after desirable location steps away from Gas House Beach. The harbors, shops, museums and restaurants are all close by. First time Buyers, complete the Homepath Ready Buyer Homeownership course on seller's site (see Firm Remarks). Attach certificate to offer and request up to 3% closing cost assistance. Check seller's site and the attached flyer for more details. restrictions apply. HIGHEST and BEST offers due Tuesday May 17th by 11:33 AM.
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