5 Cinder Ave
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 |
|---|---|---|---|
| Sep 21, 2026 | Listed by Realty One Group Nest | $1,799,900 | |
| Listed by Realty One Group Nest | |||
| Jul 15, 2026 | Sold | ||
| Sold | |||
| May 15, 2026 | In contract | - | |
| In contract | |||
| Dec 11, 2025 | Listed by Dianne M. O' Brien | $679,000 | |
| Listed by Dianne M. O' Brien | |||
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Stake your claim to this property set high atop Plum Island! All Zoning and Conservation approvals in hand to start construction of your dream home (1,559 sq. ft. gross living area + another 1,000 sq. ft. deck space). Buyer will be responsible for building the new home which will feature unobstructed water views of the Basin on one side and breathtaking sunsets over the Great Marsh and Newburyport Harbor on the other. Just steps from a tranquil beach where you can set your chairs in the sand; swim; launch your kayaks/paddleboards; or head out to your boat which is moored in the Basin waters. A short walk to Plum Island restaurants and quick access to the ocean; Parker River National Wildlife Refuge; downtown Newburyport; bike trails; commuter routes; trains; and so much more! Prime location to enjoy the relaxed beach lifestyle, Greater Newburyport and all that Plum Island has to offer. Buy now and be building your new home by Spring!
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| Jan 4, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017