3 Wolf Hill Road #A
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%.
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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 |
|---|---|---|---|
| Nov 2, 2018 | Sold | ||
| Sold | |||
| Apr 25, 2018 | Listed by Compass | $529,000 | |
| Listed by Compass | |||
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Brand New Construction, this Townhouse style Condominium unit is located in the sought after neighborhood of Wolf Hill, steps to the Annisquam River midway between Gloucester Harbor and Ipswich Bay. Built to the highest of standards with today's energy efficiency in mind Enter through the front door into an inviting light filled space to sit and kick off your shoes, Gleaming hardwood floors throughout. A dining room with slider opening to deck with view of wooded backyard. The high end McCormick Kitchen with a center island, gas stove, and plenty of counter space is open to the shiplapped living room with a cozy gas fireplace. Upstairs there is a roomy master bedroom with full bath with oversized glass and tile shower and walk in closet. Two additional bedrooms share another full bathroom. Additional area in lower level will be finished by builder as media or family room. One car garage under. Beautiful walkways, plantings, sitting area.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/27/2018
|
3 Bed
|
3 Bath
|
1426 ft²
|
$499,000
3 Bed
3 Bath
1426 ft²
|
$470,000
-5.81%
11/02/2018
|
Eve Dougherty
Compass
| |
|
04/25/2018
|
3 Bed
|
3 Bath
|
1606 ft²
|
$529,000
3 Bed
3 Bath
1606 ft²
|
$490,000
-7.37%
11/02/2018
|
Eve Dougherty
Compass
| |
|
05/24/2017
| |
Loft
|
-
|
-
|
$179,000
Loft
-
|
$160,000
-10.61%
11/30/2017
|
Ann Rick Gloucester Group
J. Barrett & Company
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017