55 Free 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 |
|---|---|---|---|
| Mar 8, 2019 | Sold | ||
| Sold | |||
| Oct 19, 2018 | Sold | ||
| Sold | |||
| Jul 27, 2018 | Sold | ||
| Sold | |||
| May 9, 2018 | Listed by Mass Realty Advisors | $514,900 | |
| Listed by Mass Realty Advisors | |||
| Jul 6, 2010 | Listed by William Raveis R.E. & Home Services | $639,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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What a fabulous spot. This home built in the 1800's could use some updating but look @ possibilities with apprx 112,000 sq. feet of land that has frontage on Crooked Meadow River. Gorgeous spot for a future expanded home could be moved back from current spot or renovate the existing home. This is a great value. Title V being done. Need to walk the land with agents to appreciate this tranquil and serene precious slice of Hingham.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017