31 Marion Rd
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| Oct 25, 2022 | Withdrawn | - | |
| Withdrawn | |||
| Sep 2, 2022 | Listed by Get Listed Realty, LLC | $1,100,000 | |
| Listed by Get Listed Realty, LLC | |||
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The neighborhood is one of the best in Marblehead. Two ponds in the back of the house and a walking path to a rail trail. Walking distance to the ocean and Preston beach. Decks on the 3rd-floor primary bedroom and off the back 1st floor. Screened in porch on side of the house. Three floors of living space and also a finished playroom/office in the basement. Heated garage with padded floor and workout area. All offers need to be submitted by 6:00 PM on Tuesday 9/13 and will be reviewed by Wednesday 9/14
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| May 1, 2019 | Sold | ||
| Sold | |||
| Nov 28, 2018 | Listed by Coldwell Banker Residential Brokerage - Beverly | $799,900 | |
| Listed by Coldwell Banker Residential Brokerage - Beverly | |||
| Jun 15, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017