48 Corning Street
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 |
|---|---|---|---|
| May 9, 2024 | Sold | ||
| Sold | |||
| Mar 6, 2024 | In contract | - | |
| In contract | |||
| Feb 28, 2024 | Listed by Coldwell Banker Realty - Chelmsford | $995,000 | |
| Listed by Coldwell Banker Realty - Chelmsford | |||
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Nestled in the heart of Beverly's most desirable neighborhoods, this well loved, thoughtfully maintained expanded cape boasts the perfect blend of classic New England charm, modern convenience, and community. The spacious and flexible floor plan offer many options. Whether you're hosting in your open kitchen, sitting by the fireplace, enjoying the sunset on the front porch, or basking in the natural light of the sunroom, this sweet home is meant for making lifelong memories. With generously sized bedrooms and 2.5 baths there is plenty of room for privacy.The expansive backyard offers an oasis ideal for the nature lover who also loves to entertain. Car enthusiasts and hobbyists will appreciate the 2 bay garage equipped with heat, electric and your very own lift! Commuters will appreciate proximity to major routes and public transportation. Close to local beaches, parks, dining and shops. All this and more, this home offers the lifestyle, location,and layout that you've been looking for!
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| Oct 9, 1998 | Sold | ||
| Sold | |||
| Jul 7, 1998 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017