56 Nancy Ave
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 |
|---|---|---|---|
| Jan 3, 2025 | Sold | ||
| Sold | |||
| Nov 5, 2024 | In contract | - | |
| In contract | |||
| Oct 31, 2024 | Listed by RE/MAX 360 | $699,900 | |
| Listed by RE/MAX 360 | |||
| | |||
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Beautiful West Peabody Ranch in a Highly Desirable Neighborhood featuring 3 Beds, 1 Full Bath, 2 Half Baths, and over 1500 sq ft of living space. Beautiful kitchen with SS appliances, Quartz Countertops, and plenty of Cabinet Space. Sizable and Bright Family Room addition off the rear with Half Bath and Slider to the deck. Family Room with Fireplace and Stone Surround. 3 Large Bedrooms and Updated Full Bath. Additional Living Space in the partially finished basement with Half Bath. 2-Car Garage for the cold months. Spacious and NEW Driveway. Backyard perfect for entertaining including a Composite Deck, Stone Patio, Above Ground Pool, and Spacious Yard. Many UPDATES - Roof (2022), Water Heater (2024), 200 Amp electric service (2023), Refinished HW Floors (2022), Garage and Front Door (2023), Front Walk (2022), AND MORE! Conveniently located in close proximity to Lalikos Park, Peabody High School, Rt 1 and 95, and Peabody’s Walking/Bike Trail!
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| Jul 3, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 24, 2024 | Price Decreased |
$785,000
↓ $14K
(1.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017