279 Nahant Rd.
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 |
|---|---|---|---|
| Jul 31, 2024 | Sold | ||
| Sold | |||
| Apr 18, 2024 | In contract | - | |
| In contract | |||
| Apr 9, 2024 | Listed by Coldwell Banker Realty - Marblehead | $2,500,000 | |
| Listed by Coldwell Banker Realty - Marblehead | |||
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Discover the grandeur of historic details with modern comforts in this stunning 1888 home. A perfect blend of period elegance and contemporary functionality, with an expansive 0.68 acres, this hidden gem offers breathtaking ocean views and even the Boston skyline. The 4919 sq ft home is a classic Colonial Revival featuring 7 generous bedrooms, 6 baths, 9 ft ceilings, entry foyer, butler pantry, and 4 woodburning fireplaces making it ideal for entertaining. Authentic elements from the era, such as curved windows in the primary, pocket doors, wainscoting, ornate moulding, and even a pull doorbell, are meticulously preserved throughout the home. Impressively maintained including double Burnham furnaces, water filtration system, newer deck and 2 car garage. Chef’s kitchen boasts a full pantry, double ovens, dual sink, kitchen island, SS appliances. The expanse of this property with its sprawling 2nd lawn ideal for garden parties also serves to provide privacy while preserving ocean views.
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| Aug 1, 2011 | Sold | ||
| Sold | |||
| May 9, 2011 | Listed by Sagan Agency REALTORS® | $1,179,000 | |
| Listed by Sagan Agency REALTORS® | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017