46 Riverside
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 |
|---|---|---|---|
| Aug 25, 2022 | Sold | ||
| Sold | |||
| Jun 21, 2022 | Listed by Sagan Harborside Sotheby's International Realty | $1,299,000 | |
| Listed by Sagan Harborside Sotheby's International Realty | |||
| Jan 18, 2020 | No longer available | - | |
| No longer available | |||
| Oct 9, 2019 | Price Decreased |
$799,000
↓ $26K
(3.2%) | |
| Price Decreased | |||
| Sep 10, 2019 | Listed | $825,000 | |
| Listed | |||
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Rare opportunity for waterfront living with your own private pier and dock and landscaped back yard in Danvers. Whether you are a boating enthusiast or just love water views, this Nantucket-style waterfront home, rebuilt from the foundation up in 2000, is scenic year-round and sure to please. Enjoy panoramic views from the open concept kitchen, sunroom, and master bedroom. The master en suite with two closets, master bath, cathedral ceilings and picture window will be your oasis. Perfect for entertaining, the back yard offers a gazebo, firepit, decks and a hookup for an outdoor shower. The detached shed is a great workshop or storage area and offers the potential for additional finished living space. In close proximity to commuter routes, rail trail, Danvers restaurants and shops, as well as Downtown Beverly and Salem. The manager has listed the unit size as 2479 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017