6 Oliver Street
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 |
|---|---|---|---|
| May 29, 2024 | Sold | ||
| Sold | |||
| Apr 23, 2024 | Listed by Compass | $1,245,000 | |
| Listed by Compass | |||
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Location! Location! A grand, turnkey property adjacent to Salem Common. This James Wright, circa 1800 stately home nestled on quiet Oliver Street, is just steps from downtown shops/restaurants, commuter rail station, Boston ferry and the Peabody Essex Museum. This spacious and impeccably maintained home features 4 large bedrooms, 2.5 bathrooms with the primary having its own en-suite bath and fireplace. Upon entering, you're greeted with a stately living room, step through to a sunny family room. A custom eat-in kitchen and a separate elegant dining room round out the first floor. A finished basement contains a bonus room and laundry room. The outdoor space features a fenced-in yard, large deck and deeded parking. Recent updates include: June '22 Lochinvar gas furnace, all new windows by NewPro, new siding/shutters/gutters with fresh exterior/interior paint. It’s rare to find a perfectly renovated historic house, in the heart of downtown, nestled on a highly desirable side street.
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| Oct 28, 2020 | Sold | ||
| Sold | |||
| Sep 9, 2020 | Listed by Compass | $788,700 | |
| Listed by Compass | |||
| Jan 23, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017