61 Naugus Ave
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 22, 2018 | Sold | ||
| Sold | |||
| Jan 8, 2018 | Listed by William Raveis R.E. & Home Services | $1,149,000 | |
| Listed by William Raveis R.E. & Home Services | |||
| Oct 20, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $1,250,000 | |
| Listed | |||
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|
Rare opportunity to own waterfront retreat. View picturesque Salem Harbor from your prestigious Naugus Head waterfront home. Relax to the ocean breeze and spectacular panoramic seaside views with breathtaking sunrises and sunsets. Watch the sail boats and historic lobster fishermen and enjoy one of the two Naugus Head association beaches. Feel the ocean air with your morning coffee, and listen to the ocean as you rest. This 2 bedroom, 2 bath home features an expansive plan that opens to water views from the living room, dining room and a (truly!) great room with a cathedral ceiling and an ocean vista (from 3 sides)! Attached 2 car garage features lots of extra storage. Now is the time to create lifelong memories from this beautiful home, with stairs to the water’s edge from a quaint private yard. A wonderful opportunity to live on the North Shore!The manager has listed the unit size as 2363 square feet.
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| May 31, 2017 | Listed by William Raveis R.E. & Home Services | $1,250,000 | |
| Listed by William Raveis R.E. & Home Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017