39 Bob Merry Lane, Lot 12
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 |
|---|---|---|---|
| Mar 23, 2023 | Sold | ||
| Sold | |||
| Feb 22, 2023 | In contract | - | |
| In contract | |||
| Jan 26, 2023 | Listed by Realty One Group Nest | $1,150,000 | |
| Listed by Realty One Group Nest | |||
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This home has 1st & 2nd floor primary suite! If you need in-law, separate guest or simply want to be planning ahead - we've got you covered! Natural light floods in this home warming up the vibe throughout. This home is complete and move-in ready! The 2nd floor has nearly 500 sq ft of unfinished space - make a game room, TV room or whatever your heart desires! Near the entrance to this home you find the trail head to Mill River and Dodge Conservation network of trails. One of the trails connects to Eiras Park hosting sport fields and a playground. Move into this neighborhood nestled amongst conservation land ideally located near rte 1 and other major routes, 10 minutes to downtown Newburyport and 15 minutes to Plum Island - get ready to live your best life! Start the New Year off in your New Construction home!
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| Nov 22, 2022 | Temporarily off market | - | |
| Temporarily off market | |||
| Nov 2, 2022 | Listed by Realty One Group Nest | $1,150,000 | |
| Listed by Realty One Group Nest | |||
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This home has 1st & 2nd floor primary suite! If you need in-law, separate guest or simply want to be planning ahead - we've got you covered! Natural light floods in this home warming up the vibe throughout. Completion date Jan 31, 2023, the time is now to be under agreement & plan your move! Near the entrance to this home you find the trail head to Mill River and Dodge Conservation network of trails. One of the trails connects to Eiras Park hosting sport fields and a playground. Move into this neighborhood nestled amongst conservation land ideally located near rte 1 and other major routes, 10 minutes to downtown Newburyport and 15 minutes to Plum Island - get ready to live your best life! A few choices still left to customize this home. Move in Jan 31 and start the New Year off in your New Construction home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017