32 Ferry 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 |
|---|---|---|---|
| Feb 2, 2018 | Sold | ||
| Sold | |||
| Sep 15, 2017 | Listed by RE/MAX 360 | $334,900 | |
| Listed by RE/MAX 360 | |||
| | |||
|
••••.Drastic price reduction for quick sale•••• seller relocating•••• Two homes for the price of one!....... 8 room, 3 bedroom Victorian style home...PLUS••• Legal 4 room In-law apartment..... 23x15 unfinished loft area... would make a great in- home office, playroom, teen or master bedroom suite. Close to a 1/2 acre flat lot. Harwood floors, two full baths, gas fireplace, two eat in kitchen's, two dining rooms, Barn and shed included. Great location.... close to downtown Newburyport shops and restaurants, Merrimac River, beaches, conservation land, Ring’s Island marina, and highway’s.
| |||
| Jul 30, 2017 | Listed by RE/MAX Advantage Real Estate | $399,500 | |
| Listed by RE/MAX Advantage Real Estate | |||
| May 18, 2005 | Sold | ||
| Sold | |||
| Feb 22, 2005 | Listed by RE/MAX Advantage Real Estate | $289,900 | |
| Listed by RE/MAX Advantage Real Estate | |||
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