3 Fatherland Drive
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 |
|---|---|---|---|
| Jul 30, 2024 | Sold | ||
| Sold | |||
| Apr 23, 2024 | In contract | - | |
| In contract | |||
| Apr 17, 2024 | Listed by William Raveis Real Estate | $1,425,000 | |
| Listed by William Raveis Real Estate | |||
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Renovated & Reimagined, this stylish property boasts a Stunning Inground Heated Pool, Breathtaking Pastoral Marsh Views & Three Levels of Living. It's grandly scaled yet comfortable for relaxed family lounging, weekend entertaining & summer days outdoors. Inside, natural light floods every corner of the sparkling new kitchen, cozy family room, living and dining rooms, custom home office & powder room. Upstairs, a spacious primary en-suite features a gorgeous 4-piece bath and an oversized walk-in closet while down the hall, you'll find 3 more bedrooms, a new family bath and a full-sized laundry room. This move-in ready home also offers a large walk-up attic and, a Finished Lower Level complete w/ another half bath, mudroom, storage & a slider to the backyard oasis! Conveniently located in the coveted Fatherland Farms neighborhood, mere minutes to Downtown Newburyport, Rt.1 & I-95. Newbury residents have access to Plum Island Beaches! Luxury and practicality, in a desirable locale.
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| Jul 22, 2022 | Sold | ||
| Sold | |||
| May 16, 2022 | Listed by William Raveis Real Estate | $1,089,000 | |
| Listed by William Raveis Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017