46 True 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 |
|---|---|---|---|
| Apr 30, 2026 | Sold | ||
| Sold | |||
| Apr 30, 2026 | Listed by Compass New England, LLC | $988,000 | |
| Listed by Compass New England, LLC | |||
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| Apr 2, 2026 | In contract | - | |
| In contract | |||
| Mar 23, 2026 | Listed by Compass | $949,900 | |
| Listed by Compass | |||
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Welcome to your dream home in Salisbury. A perfect blend of modern and serenity, just minutes from downtown Newburyport and the beach! Nestled on 1.76 acres, this over 3,000 sqft retreat is designed for relaxation and entertaining. The open-concept main level is awash in natural light, with a dining area framed by an oversized window and flows seamlessly to an expanded deck, brand-new patio, and fenced-in side yard. The kitchen features a pantry and dry bar with a built-in beverage cooler, making hosting a breeze. Also a 3/4 bath on this level. Upstairs, four spacious bedrooms, all with walk-in closets, include a primary with an en-suite with a tiled step-in shower. Large laundry room, full bath, and ample storage like an oversized hall closet and pull-down attic add convenience. The sunny, finished basement offers endless potential, from a media room to a creative space. With lease-free solar panels and thoughtful details, this move-in-ready oasis on the North Shore awaits you.
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| Jan 21, 2026 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017