41 Turkey Shore Rd
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 27, 2024 | Sold | ||
| Sold | |||
| May 15, 2024 | Listed by Keller Williams Realty Evolution | $1,250,000 | |
| Listed by Keller Williams Realty Evolution | |||
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Brimming with history in an idyllic setting, this 4 BR, 2.5 BA, 3428 sq' residence is the epitome of antique charm. Arthur Wesley Dow ran the Ipswich Summer School of Art here. His widow donated the home to SPNEA; they returned it to private ownership w/preservation agreement. Since 1992 owners have meticulously restored the house from the ground up, e.g., replacing casement windows w/double-hung windows, early glass panes, exposing raised paneling and the chamfered summer beam. They retrofitted the kitchen in the '90's and added first floor wing in 2007 w/eat-in kitchen area, main suite w/fireplace+full bath, laundry and mudroom. Wide floorboards throughout/5 fireplaces/2 staircases, walk-up attic. Historic carriage house allows for a vehicle and heated studio space. Beautiful exterior lighting, manicured gardens, private patio and barn grace the 0.85 acre property overlooking the river. Come home to Ipswich w/access to MBTA/Crane Beach/Castle Hill/Riverwalk/Wharf/cultural activities.
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| Jun 29, 1992 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017