58 River Street #3
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%.
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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 |
|---|---|---|---|
| Jul 31, 2026 | Sold | ||
| Sold | |||
| Jun 22, 2026 | In contract | - | |
| In contract | |||
| May 11, 2026 | Price Decreased |
$1,699,000
↓ $100K
(5.6%) | |
| Price Decreased | |||
| Apr 16, 2026 | Listed by Coldwell Banker Realty - Beverly | $1,799,000 | |
| Listed by Coldwell Banker Realty - Beverly | |||
| |||
|
Begin each day with breathtaking views of the Danvers River from this exceptional waterfront end unit townhouse at Mariners Point. One of only two oversized residences, this rare offering features 9 foot ceilings on both levels, a desirable first floor primary suite, and a private two car garage with storage. Enjoy true riverfront living with your own private boat slip just steps from the home. The light filled interior showcases hardwood floors throughout, custom moldings, and refined craftsmanship. The upgraded kitchen features new countertops, gas cooking with double ovens, a wine chiller, and generous cabinetry. The first floor primary suite offers a private bath and nearby laundry. Upstairs are two spacious bedrooms, a renovated guest bath with soaking tub, and a versatile loft overlooking the dramatic two story great room and water views. A rare opportunity to own a premier waterfront retreat
| |||
| Nov 30, 2021 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/16/2026
|
3 Bed
|
2 Bath
|
3285 ft²
|
$1,799,000
3 Bed
2 Bath
3285 ft²
|
$1,615,000
-10.23%
07/31/2026
|
Michelle Mineo
Coldwell Banker Realty - Beverly
| |
|
04/10/2023
|
3 Bed
|
3 Bath
|
2151 ft²
|
$1,350,000
3 Bed
3 Bath
2151 ft²
|
$1,383,000
+2.44%
05/30/2023
|
Ellen Hazo
William Raveis the Dolores Person
| |
|
02/14/2022
|
3 Bed
|
3 Bath
|
2267 ft²
|
$1,350,000
3 Bed
3 Bath
2267 ft²
|
$1,300,000
-3.70%
03/28/2022
|
Steven Graczyk
J. Barrett & Company
| |
|
09/28/2021
|
3 Bed
|
3 Bath
|
3285 ft²
|
$1,500,000
3 Bed
3 Bath
3285 ft²
|
$1,462,500
-2.50%
11/30/2021
|
Michelle Mineo
Coldwell Banker Realty - Beverly
| |
|
08/31/2020
|
3 Bed
|
3 Bath
|
2103 ft²
|
$1,050,000
3 Bed
3 Bath
2103 ft²
|
$925,000
-11.90%
11/12/2020
|
Terri Sheppard
J. Barrett & Company
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017