57 Naugus Avenue
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 |
|---|---|---|---|
| Oct 20, 2017 | Sold | ||
| Sold | |||
| Oct 8, 2016 | Listed by Sagan Harborside Sotheby's International Realty | $1,950,000 | |
| Listed by Sagan Harborside Sotheby's International Realty | |||
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Rare oceanfront opportunity. Best oceanfront views in Marblehead --200 degrees of harbors and ocean. See Salem, Beverly, Manchester, Magnolia, Gloucester, Bakers and Misery Islands. Immediately place your mooring right in front of the house. Two association beaches, one adjacent. The granite kitchen flows into the dining and living rooms, each with expansive views of the ocean, North Shore coastline and islands. The master bedroom view is like the bridge of a ship and the stone-faced master bath affords a panoramic vista. A dock may be possible with the usual permitting, which owner has begun. Downstairs au pair two-room suite with fireplace, fridge, sink, ocean views, 3/4 bath and level access from the street offers deluxe accommodations for guests or family. New garage door. Two decks, one off the second floor with piped propane, the other right beside the ocean. Nothing else like it for instant boating and oceanside living.
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| Dec 29, 2000 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017