6 Dornell
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 |
|---|---|---|---|
| Feb 14, 2020 | Sold | ||
| Sold | |||
| Nov 10, 2019 | No longer available | - | |
| No longer available | |||
| Nov 4, 2019 | Listed | $589,000 | |
| Listed | |||
| | |||
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Dynamic 4+ bedroom, 4 bathroom home offers several solutions to extended and/or large family living. Two full kitchens, 2 car garage, gas fireplace, in-ground pool on large, level lot. Flexible floor plan with options for a master suite in-law suite on main level with direct outdoor access, separate full bath and potential to add kitchen or 2nd floor with balcony overlooking pool area, jacuzzi tub and separate shower. Currently designed as a colonial with an additional apartment. With so many options, this home is a must see! Located on a side street, easy access historic downtown Ipswich shops and restaurants, commuter rail, famous Crane Beach and local farms! See attached floor plan in MLS The manager has listed the unit size as 3368 square feet.
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| Oct 16, 2019 | Listed by RE/MAX Advantage Real Estate | $589,000 | |
| Listed by RE/MAX Advantage Real Estate | |||
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