3 Concord Ter
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 |
|---|---|---|---|
| Feb 27, 2023 | Sold | ||
| Sold | |||
| Feb 4, 2023 | In contract | - | |
| In contract | |||
| Feb 1, 2023 | Listed by J. Barrett & Company | $639,000 | |
| Listed by J. Barrett & Company | |||
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North Beverly Classy Cape completely renovated - available now! Property features a stunning new kitchen with Shaker-style cabinets, Granite countertop/backsplash, stainless steel appliances including a gas stove and an oversized peninsula. Open-concept dining room and cathedral-ceilinged living room. Your new home comes complete with four bedrooms - one could be your home office - and two beautiful full bathrooms. Soon you'll be stepping outside onto your spacious oversized deck and enjoying sprawling the private fenced backyard. The full basement, which has lots of storage, has the potential as a finished family room/office. Renovation includes all new: roof, windows, heating, A/C, hot water tank, electric and plumbing. Bonus: easy access to MBTA computer rail, highway, and beaches, plus Beverly's vivacious downtown with renowned restaurants, library, Lynch Park, and The Cabot, a thriving center for the arts. Open Houses Sat 2/4 & Sun 2/5 @ 11-12:30.
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| May 30, 2022 | No longer available | - | |
| No longer available | |||
| Apr 20, 2022 | Listed by J. Barrett & Company | $10,000 | |
| Listed by J. Barrett & Company | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017