35 Paine Avenue
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 |
|---|---|---|---|
| Dec 15, 2023 | Sold | ||
| Sold | |||
| Oct 13, 2023 | In contract | - | |
| In contract | |||
| Sep 6, 2023 | Listed by J. Barrett & Company | $8,250,000 | |
| Listed by J. Barrett & Company | |||
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Tucked in a magical Prides Crossing enclave on the North Shore’s gold coast, enjoy ultimate ocean front privacy and miles of panoramic ocean views to Marblehead and the Boston skyline from almost every room in this elegant residence. Designed by one of New England’s legendary architects, this c.1996 Royal Barry Wills custom-built home reflects extraordinary attention to detail and includes sprawling lawns, a tennis court, deeded beach access and dock permit. Exquisite features including 11-foot ceilings, floor-to-ceiling windows, extensive finely crafted millwork, and 5 fireplaces. The gracious main floor designed for comfortable daily living and entertaining incorporates countless WOW factors like the 1st floor guest/primary suite wing, walnut library, sunroom with bluestone flooring with stunning 180-degree views, bridal staircase. Pergolas grace the wraparound bluestone terrace overlooking the ocean and professionally landscaped grounds. A property for the generations!
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| Mar 31, 1994 | Sold | ||
| Sold | |||
| May 4, 1993 | Listed by Coldwell Banker Realty - Manchester | $1,950,000 | |
| Listed by Coldwell Banker Realty - Manchester | |||
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GRACIOUS OCEANFRONT ESTATE AT END OF PAINE AVE IN PRIDES CROSSING.275 FT COASTLINE.180 DEGREE VIEW.CARRIAGE HSE W/ APT.DEEDED BCH RT
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017