45 Norton 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%.
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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 |
|---|---|---|---|
| Sep 28, 2022 | No longer available | - | |
| No longer available | |||
| Sep 24, 2022 | Listed by CENTURY 21 Barbara Patterson | $689,900 | |
| Listed by CENTURY 21 Barbara Patterson | |||
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Country home, convenient location.This sweet gambrel sits on a spacious lot along a quiet road deceptively close to Route 1 shopping, area beaches, and easy access to US 95 - a beautiful place to settle in and enjoy all the Seacoast has to offer. With plenty of room to gather, this home easily lends itself to hosting dinners and relaxed entertaining. An inviting entryway leads to an open and spacious dining area, second floor bedrooms, and access to functional spaces like a front office, laundry/powder room and basement stairway. Follow this hallway along to the intimate studio/family room just off the kitchen to relax with a book or movie. The kitchen follows along the rear of the house with views of the large back yard and gardens. Stainless appliances, granite countertops, breakfast bar and ample work areas make meal prep a joy, and with a dual fuel/double oven range, dinner will be on the table in a jiffy. The large dining area features French doors on either side of the woodstove's hearth that lead to a sunken living room where sunlight streams in through large skylights and windows on three sides. Upstairs, find another cozy and bright area to pause before seeking out slumber in a spacious primary suite with tons of storage and private bath, plus two additional bedrooms with a shared bath. The basement, garage, utility shed and over 1.5 acres complete this lovely opportunity to live in Kittery. Come take a look!
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| Sep 2, 2015 | Sold | ||
| Sold | |||
| May 4, 2015 | Listed by BHHS Verani Seacoast | $409,000 | |
| Listed by BHHS Verani Seacoast | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017