38 Topsfield 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 |
|---|---|---|---|
| Jan 4, 2016 | Sold | ||
| Sold | |||
| Nov 3, 2015 | Listed by Bancroft Realty Group | $390,000 | |
| Listed by Bancroft Realty Group | |||
| Jul 13, 2006 | Sold | ||
| Sold | |||
| Apr 19, 2006 | Listed by Coldwell Banker Residential Brokerage - Ipswich | $499,000 | |
| Listed by Coldwell Banker Residential Brokerage - Ipswich | |||
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Wonderful in-town location of this well maintained ranch on 1.3 acres. The wooded area in the front part of the lot offers a buffer and privacy. Close to town and the train. Developers come take a look. This could be your perfect opportunity for in-town development.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017