5 Sunset 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 |
|---|---|---|---|
| Oct 16, 2025 | Sold | ||
| Sold | |||
| Sep 25, 2025 | In contract | - | |
| In contract | |||
| Sep 3, 2025 | Price Decreased |
$719,000
↓ $10K
(1.4%) | |
| Price Decreased | |||
| Aug 15, 2025 | Listed by Tache Real Estate, Inc. | $729,000 | |
| Listed by Tache Real Estate, Inc. | |||
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Nestled at 5 Sunset Rd, this single-family residence offers an inviting home, ready for its next chapter and presents an exceptional opportunity to embrace the quintessential New England lifestyle. Living room welcomes you with the comforting ambiance of a fireplace, complemented by elegant crown molding that adds a touch of sophistication. The sunroom offers a tranquil retreat, bathed in natural light and provides a seamless connection to the outdoors. Complimented by hardwood floors throughout, private yard, new heat, hot water, roof and solar (est 2024) this house is waiting to become your "home sweet home". Location is close to the Marblehead line, Salem University, the harbor, Forest River, Salem Bike path and Lead Mills Conservation trails.
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| Jun 10, 2004 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017