4 Welcome St
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 26, 2024 | Sold | ||
| Sold | |||
| Oct 31, 2024 | In contract | - | |
| In contract | |||
| Oct 24, 2024 | Listed by MerryFox Realty | $499,000 | |
| Listed by MerryFox Realty | |||
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Perfect starter home, for anyone looking for one level living or just looking to downsize! Pristine bungalow in ideal commuter location with easy access to 128, Route 1, Salem & Downtown Peabody. Step into a big mudroom/sunroom where you can leave all your essentials or add supplemental heat and use as an office, den or playroom. Sun-filled living room with fireplace, HW floors and little nook filled with windows. Formal dining room with wood built in cabinets, good sized kitchen, back hallway with additional storage built-ins. Two bedrooms on first floor (one was previously used as a den), full bath on main level. Second floor offers two more bedrooms (one is a walk through) and lots of closets and storage options. Back door opens to covered porch, perfect for sitting and enjoying your yard and beautiful garden area. This home can be configured in a variety of ways, appealing to a wide array of preferences and styles. One car garage, plenty of parking and a big basement for storage
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| Nov 23, 1993 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017