5 Raymond Avenue
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 |
|---|---|---|---|
| Oct 25, 2024 | Sold | ||
| Sold | |||
| Sep 12, 2024 | In contract | - | |
| In contract | |||
| Sep 2, 2024 | Listed by Vadala Real Estate | $799,900 | |
| Listed by Vadala Real Estate | |||
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Well kept home, with a nice back yard, situated on a dead end street. The hardwood floors flow throughout the house give it a nice open feeling.. The large living room with a fireplace will be a warm welcome in the cold winter months.This home offers good living area for a growing family, yet has great space for an office to work in away from the rest of the daily hustle and bustle.. The home is climate controlled for your comfort. A one car garage offers more parking or could be used for storage. The sitting room is surrounded by windows with a view of the backyard and has a mini split for AC and heat. The TV makes it a great room to relax and enjoy a game. The location allows for quick access to 128, Liberty Tree Mall, the North Shore Mall, and Danversport Yacht Club. Open House Saturday and Sunday from 12-2pm. Offers, if any, due by Tuesday, September 10th noon.
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| Nov 21, 2016 | Sold | ||
| Sold | |||
| Nov 10, 2010 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017