5 Corn Point 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 |
|---|---|---|---|
| Sep 3, 2015 | Sold | ||
| Sold | |||
| Jul 22, 2014 | Listed by Compass | $1,849,000 | |
| Listed by Compass | |||
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This classic shingle style home is located in one of Marblehead’s most picturesque wooded settings. The floor plan provides a wonderful mix of great casual and formal spaces. The large eat-in kitchen opens to the fireplaced family room. Elongated french doors in the dining room and living room provide access to the private bluestone patio, yard and gardens. The spacious master suite features a marble bath with soaking tub, fireplace and a porch complete with ocean views. There are four additional bedrooms, one of which is located on the first floor (perfect for au pair or in-law suite), six full baths, two family rooms and an attached two-car garage.
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| Jun 29, 2007 | Sold | ||
| Sold | |||
| Feb 13, 2007 | Listed by Coldwell Banker Residential Brokerage - Marblehead | $2,395,000 | |
| Listed by Coldwell Banker Residential Brokerage - Marblehead | |||
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Address: 335 Madison Avenue, New York, NY 10017