3 Park 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 |
|---|---|---|---|
| Oct 23, 2018 | Sold | ||
| Sold | |||
| Sep 19, 2018 | No longer available | - | |
| No longer available | |||
| Aug 14, 2018 | Listed | $379,900 | |
| Listed | |||
| | |||
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Fantastic 4 bedroom Colonial located in the seaside town of Salisbury, MA. Major renovation completed in 2009 with many new updates throughout including stainless steel appliances, new cabinets and tile flooring in the kitchen. First floor bath with laundry and new energy efficient washer and dryer. High gloss hardwood flooring in living and dining areas as well as the upstairs bedrooms. Enjoy open concept living with separate office/study. The second-floor full bath features cherry cabinets with granite counter, granite flooring and radiant heat. The master bedroom has spacious walk-in closet with custom shelving. Solid wood doors throughout the house. Large, level fenced in back yard perfect for entertaining. Fantastic location less than 2 miles from Salisbury Beach State Reservation and just a 4-minute drive to Historic Newburyport. Easy access to routes 95, 495, and Route 1. Walk or ride your bike to the “Rail Trail” just a short distance away! The manager has listed the unit size as 1938 square feet.
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| Jul 28, 2018 | Listed by Better Homes and Gardens Real Estate - The Masiello Group | $379,900 | |
| Listed by Better Homes and Gardens Real Estate - The Masiello Group | |||
| Oct 12, 2001 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017