4 Roosevelt 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%.
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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 |
|---|---|---|---|
| May 22, 2025 | Sold | ||
| Sold | |||
| Apr 9, 2025 | In contract | - | |
| In contract | |||
| Mar 31, 2025 | Listed | $749,000 | |
| Listed | |||
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Introducing the Perfect, 2071+- sq ft, 8 rm, 4 bdrm, 2 ½ bath Home with an office and a Farmers porch & located in North Beverly. Extensively renovated to the studs in 2019. Spacious 1st fl boasts an open-concept layout for modern living. The kitchen features an abundance of cabinets, crown moldings, granite counters & convenient ½ bth w/ laundry. The living rm & dining rm, w/ numerous windows, invite lots of natural light & creates a warm, inviting atmosphere. 2nd fl w/ 3 bdrms, office/den/fam rm & full bthrm. The 3rd floor, 13x23 primary suite (4th bdrm), includes a handy 6x9 walk-in closet & 3/4 en-suite bthrm. Granite block edging surrounds patio w/ pavers /fenced yard...ideal for pets & entertaining. Central a/c, French drain, dehumidifier system, sump pump w/ battery backup & spray foam insulation. See the attached Improvement List. Proximity to Rte 128, shopping, downtown Beverly & 5 mins to North Beverly Train Station. Open Thurs (4/3/25), 5-6:30 & Sun (4/6/25) 1-2:30.
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| Nov 8, 2019 | Sold | ||
| Sold | |||
| Sep 25, 2019 | Listed by J. Barrett & Company | $529,900 | |
| Listed by J. Barrett & Company | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017