297 Main 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 |
|---|---|---|---|
| Dec 2, 2024 | Sold | ||
| Sold | |||
| Oct 17, 2024 | In contract | - | |
| In contract | |||
| Oct 2, 2024 | Listed by Seaport Realty Group | $580,000 | |
| Listed by Seaport Realty Group | |||
| | |||
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Discover your dream home in this beautifully updated ranch-style residence, perfectly situated in the vibrant community of Saugus. This inviting three-bedroom, two-bath gem is nestled on a meticulously landscaped lot, offering both curb appeal and a serene outdoor retreat.As you step inside, the modern eat-in kitchen captures your attention with its stylish finishes and abundant natural light—ideal for both casual meals and entertaining guests. The spacious layout flows seamlessly, leading you to the finished lower level, which features convenient walk-out access to the backyard. This versatile space includes an additional bedroom and bathroom, making it perfect for guests or a private office.With a host of recent updates and thoughtful touches throughout, this home is move-in ready and bursting with character. Don’t miss your chance to experience the charm and convenience this property offers—schedule your showing today. This Saugus gem won’t last long! OPEN HOUSE SATURDAY 10-12.
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| Nov 15, 2021 | Sold | ||
| Sold | |||
| Sep 27, 2021 | Listed by Seaport Realty Group | $515,000 | |
| Listed by Seaport Realty Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017