48 Old County Road #2
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 |
|---|---|---|---|
| Jul 24, 2020 | Sold | ||
| Sold | |||
| Apr 1, 2020 | Listed by Coldwell Banker Realty - Newburyport | $379,900 | |
| Listed by Coldwell Banker Realty - Newburyport | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/01/2020
|
2 Bed
|
2 Bath
|
1376 ft²
|
$379,900
2 Bed
2 Bath
1376 ft²
|
$379,900
07/31/2020
|
The Peggy Patenaude Team
William Raveis R.E. & Home Services
| |
|
04/01/2020
|
2 Bed
|
2 Bath
|
1376 ft²
|
$379,900
2 Bed
2 Bath
1376 ft²
|
$379,900
07/24/2020
|
The Peggy Patenaude Team
William Raveis R.E. & Home Services
| |
|
12/06/2010
| |
1 Bed
|
1 Bath
|
592 ft²
|
$74,900
1 Bed
1 Bath
592 ft²
|
$96,000
+28.17%
05/19/2011
|
Ann Behen
ERA Andrew Realty
|
|
02/01/1999
| |
2 Bed
|
1 Bath
|
600 ft²
|
$129,900
2 Bed
1 Bath
600 ft²
|
$115,000
-11.47%
12/30/1999
|
Anita Rossi
Coldwell Banker Residential Brokerage - Newburyport - 74 State St.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017