435 Main 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 |
|---|---|---|---|
| Dec 12, 2008 | Sold | ||
| Sold | |||
| May 29, 2008 | Listed by Coldwell Banker Realty - Newburyport | $259,000 | |
| Listed by Coldwell Banker Realty - Newburyport | |||
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Unique mixed use property on large lot right on busy route 1A. Property consists of updated 3 bdrm, 2 bath Cape and large attached commercial space. It appears as though the commercial space was previously used as a daycare, it has 2 child's bathrooms. Freeze damage, septic untested and will be responsibility of buyer to have Title 5 testing and to repair or replace if necessary. Town says septic cannot be tested until someone has been living there for 6 months. Sold 'as is'.
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Address: 335 Madison Avenue, New York, NY 10017