29 Cavendish Circle #29
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%.
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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 |
|---|---|---|---|
| Jun 1, 2018 | Sold | ||
| Sold | |||
| Nov 11, 2017 | Listed by Discover Properties | $410,000 | |
| Listed by Discover Properties | |||
| | |||
|
Spacious Townhouse with over 2,400 SQ FT features open, flexible 1st floor plan, Two en suite Bedrooms on 2nd fl (incl. Master with fireplace, skylight and Jacuzzi), sky lit loft/study, bonus walkout basement room, and 2 car garage. Both bedrooms have cathedral ceilings and large closets. Master has large sitting area with windows on two sides. Private deck off kitchen is perfect for sunning, grilling and dining. Recently painted and re-carpeted, waiting for you to make it your own! This enclave is beautifully landscaped for maximum privacy and is located less than a 1/2 mile from multiple supermarkets and major retailers. Within 3 miles is downtown Salem offering well over 100 restaurants, a vibrant music and arts scene as well as world renowned cultural attractions and Vinnin Square, Swampscott, with additional stores such as Staples, Whole Foods, restaurants and more! Enjoy 1/2 hr ride to Logan and Commuter Train to Boston as well. Showings by appointment.
| |||
| May 16, 2002 | Sold | ||
| Sold | |||
| Feb 14, 2002 | Listed by Fafard Real Estate | $319,900 | |
| Listed by Fafard Real Estate | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/11/2017
|
2 Bed
|
3 Bath
|
2440 ft²
|
$410,000
2 Bed
3 Bath
2440 ft²
|
$424,250
+3.48%
06/01/2018
|
Virginia Bethoney
Discover Properties
| |
|
02/14/2002
|
2 Bed
|
2 Bath
|
2000 ft²
|
$319,900
2 Bed
2 Bath
2000 ft²
|
$325,500
+1.75%
05/16/2002
|
Madlyn Fafard
Fafard Real Estate
| |
|
12/14/1999
|
2 Bed
|
3 Bath
|
1800 ft²
|
$245,990
2 Bed
3 Bath
1800 ft²
|
$254,050
+3.28%
03/10/2000
|
Madlyn Fafard
Fafard Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017