531 Main St
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 18, 2024 | Sold | ||
| Sold | |||
| Jun 12, 2024 | Price Decreased |
$599,000
↓ $50K
(7.7%) | |
| Price Decreased | |||
| Jun 5, 2024 | Listed by Keller Williams Realty Evolution | $649,000 | |
| Listed by Keller Williams Realty Evolution | |||
| | |||
|
Wow, move to Boxford for under $600,000! This solid 3-bd 3-bth home offers endless possibilities. Located on a picturesque 1-acre lot that features a running brook, gazebo & 2 stone driveways. Enter the living rm/dining area w/hdwd flrs, crown molding & sliders to a lrg back deck. The kitchen has granite counters, SS appls & tile flring & opens to a vaulted family room w/skylight, built-in cabinets & an egress to a pretty stone patio. There's a versatile 1st floor room that can be a bdrm, den or office & a full bath w/a jetted tub/shower. Upstairs, the main bdrm includes an ensuite bth w/laundry, bamboo flring & 2 closets. The third level offers a large & flexible living space. Over the garage is an additional rm w/ 3/4 bath, wet bar, balcony & separate entrance from the deck that could be an au pair suite, studio, or office. Interior freshly painted. Boiler=2018. Septic=2012. This property is being sold as-is. Enjoy Boxford’s trails, ponds & the top-rated Masco School District.
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| May 16, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Apr 16, 2024 | Withdrawn | - | |
| Withdrawn | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017