62 Catherine 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 |
|---|---|---|---|
| Feb 19, 2026 | Sold | ||
| Sold | |||
| Jan 17, 2026 | In contract | - | |
| In contract | |||
| Oct 30, 2025 | Listed by Compass | $849,000 | |
| Listed by Compass | |||
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Move In Ready! This 3 or 4 bedroom home layout lends itself to MULTI-GENERATIONAL LIVING. Desirable West Peabody neighborhood on the Lynnfield-Middleton line complete with sidewalks and mature trees and easy access to highways. This well maintained 1960s home has approx 2176 square feet of living space and a large flat yard. Main level has a front LR or DR that flows into an updated open concept kitchen, dining and large vaulted ceiling great room for ease of living and great for entertaining. From the great room step out through the slider to a large back yard and patio to enjoy. Tucked away on the 2nd floor are 3 bedrooms all with hardwood floors and 2 bathrooms. A lower level laundry room and 2 additional rooms with a full bathroom offers flexibility for multiple uses - a 4th bedroom, a designated office, kids playroom - you name it! Central Air, updated kitchen and great room. Easy access to Rt. 1 and 95. An attached garage with storage & backyard shed completes this home.
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| Jan 29, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Jan 9, 2025 | Listed by Compass | $849,000 | |
| Listed by Compass | |||
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Timing has changed for Sellers. Will re-list in Spring! Move In Ready! Desirable West Peabody neighborhood on the Lynnfield-Middleton line complete with sidewalks and mature trees with easy access to highways. This well maintained 1960s home has approx 2176 square feet of living space and a large flat yard. Main level has a front living room that flows into an updated open concept kitchen, dining and great room for ease of living and great for entertaining. From the great room step out through the slider to a large back yard and patio to enjoy. Three bedrooms all with hardwood floors and 2 bathrooms on the 2nd floor are tucked away for privacy. A lower level laundry room and 2 additional rooms with a full bathroom offers flexibility for multiple uses - a 4th bedroom, a designated office, kids playroom - you name it! Central Air, updated kitchen and great room. Easy access to Rt. 1, 95.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017