4 Lighthouse Circle #A
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 |
|---|---|---|---|
| Nov 13, 2020 | Sold | ||
| Sold | |||
| Sep 2, 2020 | Listed by RE/MAX On The River, Inc. | $399,000 | |
| Listed by RE/MAX On The River, Inc. | |||
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The location of this beautiful, end unit, in the desirable Sheffield Village neighborhood can’t be beat. This single owner home has been meticulously maintained and includes numerous builder upgrades such as gleaming hard wood floors, wainscoting and crown molding. The open concept, main living area is perfect for entertaining and has a beautiful gas fireplace, a deck that faces the woods and a half bath. The kitchen features, granite countertops, under cabinet lighting and a beautiful backsplash. The upper level consists of two large bedrooms with oversized closets, laundry and a full bath. The one car garage leads to a finished walk-out, lower level, complete with a bonus room that is perfect for a home office or workout space. The home is located off of Beach Road and gives you easy access to the beach, Newburyport and the major highways.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/02/2020
|
2 Bed
|
2 Bath
|
1567 ft²
|
$399,000
2 Bed
2 Bath
1567 ft²
|
$400,000
+0.25%
11/13/2020
|
Jay LeClerc
RE/MAX On The River, Inc.
| |
|
03/27/2017
|
2 Bed
|
2 Bath
|
1500 ft²
|
$304,900
2 Bed
2 Bath
1500 ft²
|
$304,900
05/11/2017
|
Janis Annese
Signature Premier Properties, LLC
| |
|
01/04/2017
|
2 Bed
|
2 Bath
|
1500 ft²
|
$309,900
2 Bed
2 Bath
1500 ft²
|
$320,580
+3.45%
05/12/2017
|
Janis Annese
Signature Premier Properties, LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017