40 Phillips Ave
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 1, 2019 | No longer available | - | |
| No longer available | |||
| Feb 6, 2019 | Listed | $399,900 | |
| Listed | |||
| | |||
|
All This Value & Live Close To The Beach! Close proximity to Swampscott and the commuter rail. Get to LOGAN AIRPORT and BOSTON with ease. Enjoy easy to maintain Hardwood floors throughout, UPDATED full bathrooms on first and second floor for you convenience. Good size Kitchen and Dinning Room, plus Living area for you to enjoy with family and friends. The basement has good ceiling height and gives you plenty of room for extra storage. Move in and start enjoying home ownership and everything that this area has to offer. The manager has listed the unit size as 1290 square feet.
| |||
| Jun 10, 2016 | Sold | ||
| Sold | |||
| May 5, 2016 | Listed by Carrington Real Estate Services, LLC | $176,400 | |
| Listed by Carrington Real Estate Services, LLC | |||
| Jun 9, 2004 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017