28 Elmwood Circle
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 |
|---|---|---|---|
| Jan 6, 2026 | Sold | ||
| Sold | |||
| Nov 12, 2025 | In contract | - | |
| In contract | |||
| Nov 6, 2025 | Listed by Compass | $589,000 | |
| Listed by Compass | |||
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The home you have been waiting for has arrived. This inviting cape consists of 3-bedrooms, 1.5-baths offering space, comfort, & convenience. Situated on a cul-de-sac in South Peabody off of Lynnfield Street, the home provides easy access to I-95, Route 128, and Route 1. The first floor features a bright living room, full bath, spacious rooms, and an updated kitchen with ample built-in cabinetry, a glass-top stove, dishwasher, and disposal. A sliding door opens to a deck overlooking a generous sized backyard — ideal for outdoor dining or hosting gatherings. Beautiful hardwood floors enhance the first-floor living spaces. Upstairs offers two spacious bedrooms with laminate wood flooring, additional closet space, built-in drawers, and a half bath with a large linen closet. The perfect home to host with friends and family and to create unforgettable memories in. Head over to Market Street or North Shore mall for shopping, dining, entertainment. Come on by and check this home out!
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| Sep 11, 2020 | Sold | ||
| Sold | |||
| Jul 24, 2020 | Listed by J. Barrett & Company | $429,900 | |
| Listed by J. Barrett & Company | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017