6 Michelle Drive
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 28, 2024 | Sold | ||
| Sold | |||
| Sep 19, 2024 | In contract | - | |
| In contract | |||
| Aug 21, 2024 | Listed by Lillian Montalto Signature Properties | $700,000 | |
| Listed by Lillian Montalto Signature Properties | |||
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Welcome to this charming 4-bedroom, 2.5-bathroom home nestled on a peaceful cul-de-sac in the heart of Salisbury, MA. This spacious home offers a blend of comfort and convenience, with an open-concept living area with a cozy fireplace and a well-appointed kitchen. Upstairs, you’ll find four generous bedrooms, including a primary suite with a private bath and walk-in closet. Step outside to your private backyard oasis, complete with an above-ground pool—perfect for summer entertaining. Enjoy the tranquility of cul-de-sac living while being just minutes from local amenities, schools, and the beautiful Salisbury beaches. Don’t miss the opportunity to make this home yours!
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| Jan 26, 2012 | Sold | ||
| Sold | |||
| Dec 19, 2011 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017