5 Chester 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 |
|---|---|---|---|
| Aug 29, 2024 | Sold | ||
| Sold | |||
| Jul 25, 2024 | In contract | - | |
| In contract | |||
| Jul 16, 2024 | Listed by Coldwell Banker Realty - Marblehead | $790,000 | |
| Listed by Coldwell Banker Realty - Marblehead | |||
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Breathtaking 3 bedroom, 1.5 bathroom Victorian with 1850 SF of living space located in a select section of Danvers, close to Peabody Institute Library and beautiful Mill Pond! Meticulously restored throughout - first stop the kitchen, fully renovated, with new windows, custom cabinetry, white oak flooring, quartzite countertops, Café induction range, vented hood, farmers sink, recessed lighting, recessed Mitsubishi heating & cooling system. Butler’s pantry and 1/2 bathroom follow suit, with no detail spared. On the second floor, the full bathroom is also fully renovated with a steam shower, soaking tub, and custom tile. Remaining rooms have been refurbished and preserved, highlighting the historic features of the house with 9-foot ceilings, period built-ins and woodwork throughout, and charming “sleeping porch”. Two bonus spaces -full basement currently used as a workspace & large attic full of potential. Two car, EV-ready, garage, new electrical, and a large lot complete the package!
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| Jul 27, 2018 | Sold | ||
| Sold | |||
| May 14, 2018 | Listed by Coldwell Banker Realty - Marblehead | $425,000 | |
| Listed by Coldwell Banker Realty - Marblehead | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017