53 Washington Street
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 |
|---|---|---|---|
| Jul 30, 2025 | Sold | ||
| Sold | |||
| Jul 3, 2025 | In contract | - | |
| In contract | |||
| Jun 25, 2025 | Listed | $749,900 | |
| Listed | |||
| Dec 2, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Nov 5, 2024 | Listed by Keller Williams Realty Evolution | $779,000 | |
| Listed by Keller Williams Realty Evolution | |||
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Welcome to your quintessential shingled New England cape in a fabulous location just minutes from downtown Historic Topsfield. This sweet home offers 8 rooms w/a flexible layout. Renovated in 2013, the kitchen has shaker cabinets, granite counters, stainless appliances & gas cooking, plus is open to a flex room-could be eating area or den. Additionally there's a formal dining room and fireplaced living room - all rooms have original oak flooring. The cozy sunroom w/NE slate floor is heated by an electric fireplace. Finishing the 1st floor is a tiled half bath w/pedestal sink. Upstairs you'll find 3 bedrooms w/a spacious front to back main bedroom. The full bath features tile flooring & tub area w/glass doors - there's also a built-in linen storage area. The basement has high ceilings for potential future finishing. Two car parking in addition to an attached garage. A 1.02 acre country setting boasts an invisible dog fence, beautiful hydrangeas, inset water features. A real charmer!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017