411 Ipswich Road
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 |
|---|---|---|---|
| May 29, 2014 | Sold | ||
| Sold | |||
| Apr 7, 2014 | Listed by J. Barrett & Company | $454,900 | |
| Listed by J. Barrett & Company | |||
| Jul 9, 2010 | Listed by Coldwell Banker Residential Brokerage - Andover | $499,900 | |
| Listed by Coldwell Banker Residential Brokerage - Andover | |||
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The best of new and old! Circa 1796 charm of original features and today's amenities! C/A , newer (2004) oil burner,tank and boiler.Roof 2009.Exterior painted 2010. The kitchen w/ custom cabinetry, granite, stainless appliances , a sitting area and F/P. Updated baths.Re-built center chimney by a restoration specialist allows 3 working fireplaces, including one in the master bedroom. Lovely wide pine floors throughout.The grounds have a private rear yard w/ established mature plantings. SPECIAL!
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| Sep 1, 2004 | Sold | ||
| Sold | |||
| Jun 14, 2004 | Listed by J. Barrett & Company | $542,000 | |
| Listed by J. Barrett & Company | |||
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