38 Perley Ave
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 |
|---|---|---|---|
| Aug 18, 2014 | Sold | ||
| Sold | |||
| May 14, 2014 | Listed by Coldwell Banker Realty - Lynnfield | $325,000 | |
| Listed by Coldwell Banker Realty - Lynnfield | |||
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Wonderful home being sold by original owner. Home is located on a picturesque tree lined street in West Peabody. Home boasts 3 bedrooms, 1 bath room, finished lower level, and large level lot with shed and green grass perfect for enjoying summer barbecues. All of the major items have been taken care of, roof, exterior painting and windows have all been replaced within the last 5 years and a brand new American Standard High Efficiency Heating System was installed May 6th. All you need to do is bring some ideas and add a little TLC to breath some life into this amazing home! Welcome Home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017