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3 Community Road
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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 |
|---|---|---|---|
| Oct 28, 2024 | Sold | ||
| Sold | |||
| Aug 26, 2024 | In contract | - | |
| In contract | |||
| Aug 14, 2024 | Listed by Keller Williams Realty | $939,000 | |
| Listed by Keller Williams Realty | |||
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Don’t miss this fabulous renovated home in beautiful Marblehead, 0.6 miles from Preston Beach! Main level features a show-stopping chef’s kitchen w/$100k+ in upgrades including a custom copper range hood, Italian range, and a gorgeous island, open concept living and dining rooms with hardwoods throughout, wood-burning fireplace, and a spacious home office with tons of built-ins. On the upper level, you’ll find 3 bedrooms & 2 full baths, including en-suite and WIC in the primary. The partially finished lower level offers additional living space, ½ bath with laundry, excellent storage space, and access to the 2-car attached garage. Enjoy a summertime dinner on the gracious front patio and relax in the privacy of the fully fenced-in backyard. So many upgrades! Central AC & heat pump, roof & gutters, gas conversion w/new gas lines, boiler, hot water heater, and more. Convenient location near rail trail, downtown Marblehead’s shops & beaches, yet tucked away from the main road. Must see!
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| Aug 21, 2020 | Sold | ||
| Sold | |||
| Jul 6, 2020 | Listed by RE/MAX Advantage Real Estate | $749,900 | |
| Listed by RE/MAX Advantage Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017