56 Martin Rd
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 6, 2025 | Sold | ||
| Sold | |||
| May 7, 2025 | In contract | - | |
| In contract | |||
| Apr 10, 2025 | Price Decreased |
$3,200,000
↓ $150K
(4.5%) | |
| Price Decreased | |||
| Apr 4, 2025 | Listed | $3,350,000 | |
| Listed | |||
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Beautiful cape tucked away on a quiet cul-de-sac just steps away from the North Bridge & Concord Ctr. Welcome to this exquisite 5 bdrm.,4.5 bath home built by local builder known for quality & craftmanship. This home boasts custom millwork throughout, showcasing attention to detail in every corner. Elegant formal dining room & a first-floor study, ideal for work or quiet time. Large open chef's kitchen with 2 ovens & butler's pantry w/ beverage center flowing into the great room with fireplace & built-ins. A screened in porch offers a casual space to enjoy the evening sunsets. Five spacious bedrooms, incl. a luxurious primary suite w/ spa-like bath featuring a soaking tub & extra lg.walk-in closet w/multiple built-ins. The finished LL has recreation space & house the fifth bedroom & fourth bathroom & a second laundry area. Outdoor living at its best, a private beautifully landscaped backyard with bluestone patio for relaxation & entertaining. Come live in this town steeped in history.
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| Aug 22, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017