5 Olde Town Way
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 31, 2022 | Sold | ||
| Sold | |||
| Jun 21, 2022 | Listed by Leading Edge Real Estate | $789,000 | |
| Listed by Leading Edge Real Estate | |||
| May 5, 2017 | Sold | ||
| Sold | |||
| Feb 20, 2017 | Listed by Leading Edge Real Estate | $575,000 | |
| Listed by Leading Edge Real Estate | |||
| | |||
|
Located on a picturesque side street, this meticulously cared for Cape offers classic features with an updated floor plan and modern flair. The open kitchen is highlighted by white cabinets, stainless appliances, granite counters, a wonderful island/breakfast bar and a cozy sitting area. There's a huge front-to-back fireplaced living room and a formal dining room, just right for entertaining or special occasions. Other features include 4 bedrooms, a large finished lower level with another fireplace, a spacious mudroom/breezeway and an attached two car garage. Sliders off the kitchen lead to a spacious deck overlooking a large fenced yard with plenty of room for outdoor fun and dining al fresco. A peaceful country setting yet just minutes to commuter routes, the train, Plum Island beaches and downtown Newburyport.
| |||
| May 24, 2012 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017