5 Damon 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 3, 2023 | Sold | ||
| Sold | |||
| Mar 28, 2023 | In contract | - | |
| In contract | |||
| Mar 22, 2023 | Listed by Century 21 North East | $699,000 | |
| Listed by Century 21 North East | |||
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Make North Reading your home in this picture perfect cape on a quintessential New England street. Enter in to your mudroom with oversized closet/pantry, flexible first floor plan features large family room with connected play room, updated kitchen with double ovens/breakfast bar, and a fireplaced dining room. Finishing off the first level is the primary bedroom and an update full bath. Upstairs you will find 2 additional bedrooms PLUS bonus bedroom/office. Bath on second floor has updated fixtures and fully tiled shower with glass doors. One car garage enters through the playroom and has storage above, full basement for additional storage or potential expansion. Off the back slider is the real gem of the property, a wrap around tiered deck with access to the above ground pool. Home has a level, fenced, private back yard with pool, storage shed and gorgeously maintained landscaping! All this in a commuter friendly location in the EE Little School district! Don't miss this one!
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| Nov 23, 2022 | Temporarily off market | - | |
| Temporarily off market | |||
| Nov 16, 2022 | Listed by Century 21 North East | $695,000 | |
| Listed by Century 21 North East | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017