3 Stevens Road
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 2, 2017 | Sold | ||
| Sold | |||
| Oct 6, 2015 | Listed by RE/MAX 360 | $1,298,500 | |
| Listed by RE/MAX 360 | |||
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Located in Goldthwait, one of Marblehead's most desirable neighborhoods, this stunning 3 bedroom Royal Barry Wills Colonial offers a true sense of elegance and a wonderful family lifestyle. Architectural details include ceiling moldings, wainscoting, built-in china closet, oversized 8 over 12 full paned windows on the first floor, traditional 8 over 8 on the top floors. The spacious backyard was designed to include an expansive brick patio, cooled in summer by towering, carefully pruned Linden trees. The terraced gardens and well-manicured lawns feature classic stonework. Partial views of Ram Island, edge of Devereux Beach, and inner harbor. The sounds of the tides, as the ocean waves crash over the rocks at Gallison Beach are mesmerizing; the smells of the briny, salty air so crisp and clean and unique to this special place. With its Southern exposure, light pours into this classic home loved and enjoyed by five generations.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017