45 Clark 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 |
|---|---|---|---|
| Mar 1, 2011 | Sold | ||
| Sold | |||
| Jan 11, 2010 | Listed by Buyers Brokers Only, LLC | $599,900 | |
| Listed by Buyers Brokers Only, LLC | |||
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N.Y Style colonial with farmers porch. Featuring 4 bedrooms 2 1/2 bathsMater bath in master bedroom with walkin closet, seperate laundryroom. Maple cabinet kitchen with granite counter tops. First floor familyroom with gas fireplace. Lots of privacy.
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| Dec 12, 2008 | Sold | ||
| Sold | |||
| Sep 12, 2007 | Listed by Barrett, Chris. J., REALTORS® | $325,000 | |
| Listed by Barrett, Chris. J., REALTORS® | |||
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Wooded rectangular lot located in both Peabody and Lynnfield. Peabody zoning is highway business, lynnfield is residental. Small house w/ fire damage. One wall may need to be incorporated into new property, may need permits from both towns to build See listing broker. Buyer responsible for any and all permits. Right of way.
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