6 Washington Street Extension
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 |
|---|---|---|---|
| Nov 30, 2020 | Sold | ||
| Sold | |||
| Aug 19, 2020 | Listed by Berkshire Hathaway HomeServices Verani Realty | $350,000 | |
| Listed by Berkshire Hathaway HomeServices Verani Realty | |||
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DIAMOND IN THE ROUGH! Contractors, developers, buyers looking to build their own equity, or any buyer who knows an opportunity when they see it! This charming bungalow is sweet as it is but has so much more potential! Situated on a flat 1/3 acre lot on a quiet side street surrounded by properties worth double or more what this is on the market for, this bungalow could be your opportunity to get into the competitive Danvers/North Shore housing market. Furnace and hot water heater new in 2014. Vinyl replacement windows, vinyl sided, roof is 6 years old. Gas line into house. 2 car detached garage. Private showings start Friday, 8/21 4-6pm, Sat, 8/22 10-12pm. Any offers presented should represent buyers "best and final" and will be reviewed Sunday 8/23 with response by Monday 8/24
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| Jun 27, 2011 | Sold | ||
| Sold | |||
| May 3, 2011 | Listed by Keller Williams Realty Evolution | $219,900 | |
| Listed by Keller Williams Realty Evolution | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017