28 Forest Street
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 29, 2021 | Sold | ||
| Sold | |||
| Mar 11, 2021 | Listed by Keller Williams Realty Evolution | $599,900 | |
| Listed by Keller Williams Realty Evolution | |||
| Nov 18, 2016 | Sold | ||
| Sold | |||
| Sep 20, 2016 | Listed by RE/MAX Innovative Properties | $370,000 | |
| Listed by RE/MAX Innovative Properties | |||
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What a great location in Danvers. Flag pole in the front yard. Family owned since built in 1951, but this home is ready for a new family! So many possibilities. You need to see this 1715 square foot cape. ALL NEW!! roof, leaf guard gutters, cement fiber siding, azek trim on whole house, Marvin windows including the basement, Anderson thermal storm doors, garage door, forced hot air furnace ready for AC and oil tank 2013, hot water tank 2015. Single car garage with work shop area. BUT the interior needs updating so here is the chance to make this home your own. Eat in kitchen, living room with fireplace, 4 bedrooms all with hard wood floors and good closet space. Two bedrooms on second floor with alcove eaves for storage or expansion. 1st floor bath with ability to add second bath on second floor in bonus room at top of stairs. Minutes from all roadways, public and private schools, downtown Danvers, destinations north and south and Endicott Park down the street.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017