50A Cloutmans Lane
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 |
|---|---|---|---|
| Jun 20, 2014 | Sold | ||
| Sold | |||
| Apr 16, 2013 | Listed by J. Barrett & Company | $2,795,000 | |
| Listed by J. Barrett & Company | |||
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One of the most spectacular oceanfront locations in Marblehead! This 6,505 square foot Colonial style residence offers views of Salem Sound from every room! Situated on mature, private grounds, this home offers breath-taking views, five bedrooms, six and a half baths, a custom kitchen, an oversized four-car heated garage and access to the harbor. Embrace ocean living at its best on Cloutman’s Point.
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| Nov 12, 1999 | Sold | ||
| Sold | |||
| Oct 5, 1998 | Listed by Dewolfe-Swampscott | $949,600 | |
| Listed by Dewolfe-Swampscott | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017