4 Morgan
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 |
|---|---|---|---|
| Jun 2, 2025 | Sold | ||
| Sold | |||
| Apr 16, 2025 | In contract | - | |
| In contract | |||
| Apr 8, 2025 | Listed | $1,395,000 | |
| Listed | |||
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This inviting property has been treasured, thoughtfully renovated, and impeccably maintained by its current owners. You will enjoy visiting this stately 4 bedroom retreat tucked off of Cherry Street, in a desirable, quiet, and convenient Wenham neighborhood. The sunny first floor shines with gorgeous hardwood floors throughout, a front to back living room with fireplace, spacious office, and a stylish newer kitchen open to fireplaced family room and dining area, with access to mudroom, laundry, half bath, and an oversized attached two-car garage. All of this with a seamless open floor plan and ready access to the exquisite bluestone terrace, gardens, and serene fully fenced yard with mature plantings. On the second floor you will find a primary suite with stylish bath, three additional bedrooms, and another chic full bath. The finished basement offers a cozy carpeted getaway space; ideal for playroom, further office needs, workout, etc. Open Houses 4/10 4-6pm, 4/12 and 4/13 11am-1pm.
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| Oct 1, 2004 | Sold | ||
| Sold | |||
| Jun 18, 2004 | Listed by Coldwell Banker Residential Brokerage - Beverly | $850,000 | |
| Listed by Coldwell Banker Residential Brokerage - Beverly | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017