28 Princeton 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 |
|---|---|---|---|
| Aug 5, 2024 | Sold | ||
| Sold | |||
| Jul 16, 2024 | In contract | - | |
| In contract | |||
| Jul 10, 2024 | Listed by MerryFox Realty | $639,000 | |
| Listed by MerryFox Realty | |||
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Welcome home to this lovingly cared for ranch in the Woodvale neighborhood of Danvers. The home, which was in the same family for more than three decades, is on a corner lot with a large, fenced in yard. It features central air, a fireplace, three bedrooms, large family room to host wonderful gatherings, an eat-in kitchen, deck, and a spacious attached one car garage. Flexible floor plan would allow for a dining room in place of the living room. It also offers a four-season sunroom off the back with a washer/dryer tucked in the corner, perfect for a playroom or home office, and there is also a storage shed. Its location offers easy access to highways, schools, walking trails, conservation land, and all that Danvers has to offer. Open houses are Saturday, July 13 and Sunday, July 14, from 11:00 - 1:00.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017