55 Ledge 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 |
|---|---|---|---|
| Dec 18, 2025 | Sold | ||
| Sold | |||
| Nov 21, 2025 | In contract | - | |
| In contract | |||
| Nov 13, 2025 | Price Decreased |
$674,900
↓ $25K
(3.6%) | |
| Price Decreased | |||
| Nov 5, 2025 | Price Decreased |
$699,900
↓ $20K
(2.8%) | |
| Price Decreased | |||
| Oct 23, 2025 | Listed by Tom Saab Real Estate | $720,000 | |
| Listed by Tom Saab Real Estate | |||
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Motivated Seller, with their new home under agreement, has generously adjusted their price. Picturesque, spacious New England home, located towards the end of a cul-de-sac that serves much needed privacy while being right on the Haverhill/Plaistow line, gives quick access to an array of stores and restaurants. 3 bedroom 2.5 bath colonial features unique space with a landing on the 2nd floor, office room,3 rooms in the lower lower level (basement, laundry room, and large heated room with 2 access points) with incredible potential, and a pristine loft above the 2 stall garage. Not to mention an incredible array of yard space, driveway, massive deck, pool, shed, irrigation system, and more charming features. Both turn key and ready for your spruce ups to get you tucked in asap. Limited Showings Schedule from 11/14-11/21:Showings by appointment only for either time blocks on Sat 11/15 11am–1pm or Mon 11/17 from 5pm–6pm. All Buyers must be accompanied by their own Realtor.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017