1
Map
37 Phillips Dr
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 |
|---|---|---|---|
| Apr 12, 2007 | Sold | ||
| Sold | |||
| Feb 9, 2007 | Listed | $359,900 | |
| Listed | |||
| Oct 13, 2006 | Sold | ||
| Sold | |||
| Aug 15, 2006 | Listed | $299,900 | |
| Listed | |||
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Excellent opportunity to own in Newburyport. Charming 6rm/3br/1ba raised ranch in established West End neighborhood. Nicely sited on private lot which backs up to heavily wooded conservation area. Finished lower level with woodstove and separate area ideal for workshop or studio. New windows and new roof. Close to shopping and commuter routes.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017