6 Colby 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 |
|---|---|---|---|
| Mar 18, 2026 | Sold | ||
| Sold | |||
| Jan 18, 2026 | In contract | - | |
| In contract | |||
| Nov 11, 2025 | Listed by RE/MAX 360 | $1,200,000 | |
| Listed by RE/MAX 360 | |||
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Elegant Custom Grand Colonial home located in the desirable "Woodvale" area of Danvers. Spectacular 4 bedroom, 3.5 bath home, w/ over 3596 sq ft of finished living space on 3 floors, situated on 20,298 sq ft of fenced land. Your front porch welcomes you into a stunning foyer w/ grand staircase. Enjoy a spacious chef's kitchen w/ custom cabinets, double oven & gas cooktop. Step down to your family room with soaring 13ft ceilings , pellet stove and a slider to your back deck overlooking yard and pool. Separate dining room, office, 1/2 bath and room currently used as a bar/sitting room. 2nd floor you will find 4 bedrooms and HUGE 24x29 primary bedroom w/ 7x15 walk in closet, bath with double sink, shower and separate tub. 3rd floor features a mini suite with 3/4th bathroom 14x33 living space & separate bed area. Bonus 11x12 storage room. 2 car oversized garage. Newer roof and pool liner. Great location on the Wenham line.
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| Jun 21, 2013 | Sold | ||
| Sold | |||
| Mar 25, 2013 | Listed by Keller Williams Realty Evolution | $599,900 | |
| Listed by Keller Williams Realty Evolution | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017