427 Central 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 |
|---|---|---|---|
| Jul 23, 2024 | Sold | ||
| Sold | |||
| Jul 2, 2024 | In contract | - | |
| In contract | |||
| Jun 25, 2024 | Listed by J. Barrett & Company | $599,900 | |
| Listed by J. Barrett & Company | |||
| | |||
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Beautifully maintained home, with many updates over the years. This home is conveniently located to area amenities including Saugus center, walking/bike trail, and neighboring schools with parks. The front entrance features a large porch leading into the main living area including a living room, dining room with a pellet stove, kitchen with granite countertops, and a half bath with laundry. There is a back deck, big enough for entertaining all your guests off the main floor 1/2 bathroom. On the second floor you will find 3 bedrooms and a full bathroom with spacious ceiling heights on both floors. Don’t wait, this is the Saugus property you have been waiting for. Open house Saturday June 29th from 11-1 and Sunday June 30th from 11-1.
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| Feb 19, 2009 | Sold | ||
| Sold | |||
| Sep 8, 2008 | Listed by J. Barrett & Company | $209,900 | |
| Listed by J. Barrett & Company | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017