5 Scenic 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 29, 2025 | Sold | ||
| Sold | |||
| Sep 4, 2025 | In contract | - | |
| In contract | |||
| Aug 22, 2025 | Listed by Coldwell Banker Realty - Lynnfield | $499,900 | |
| Listed by Coldwell Banker Realty - Lynnfield | |||
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Handyman Special! Great opportunity to own on a dead end street in Peabody on desirable Scenic Drive! Enjoy the view from your deck! Enter the home from the wrap around enclosed porch which is perfect for enjoying fall nights. The living room with hardwood floors is a nice space for family gatherings and is just off the kitchen. The kitchen is open to the dining room or could be used a a cozy family room area that leads to the deck. Full bath with shower stall conveniently located off the kitchen. The second floor offers three bedrooms. The basement is not heated but offers some finished space. Propane for gas cooking. Home is being sold AS IS. Mini-splits offer both heat and air conditioning. Garage, pull down attic for storage. Side entry with tile floor and laundry hook up.
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| Apr 18, 2014 | Sold | ||
| Sold | |||
| Jan 11, 2014 | Listed by Century 21 N. Shore | $239,900 | |
| Listed by Century 21 N. Shore | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017