27 Sagamore Road
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 12, 2012 | Sold | ||
| Sold | |||
| Feb 7, 2012 | Listed by William Raveis R.E. & Home Services | $412,500 | |
| Listed by William Raveis R.E. & Home Services | |||
| Apr 10, 2009 | Sold | ||
| Sold | |||
| Jan 1, 2008 | Listed by Leading Edge Real Estate | $414,000 | |
| Listed by Leading Edge Real Estate | |||
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Just waiting for your personal touches. Everything you could hope for in Marblehead living is here in this well built, three bedroom, two bath, Cape. Sagamore Road is one of Marblehead’s more desirable areas. It is little traveled, and in a “walk to everything” location: beaches, parks, schools (Bell Elementary, Marblehead Middle School, & the High School), shopping, restaurants, and the walking / biking trail going in & out of town.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017