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637 Washington St
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 3, 2021 | Sold | ||
| Sold | |||
| Jul 14, 2021 | Listed | $639,900 | |
| Listed | |||
| Jul 18, 2008 | Sold | ||
| Sold | |||
| Oct 3, 2006 | Listed by Coldwell Banker Realty - Gloucester | $399,000 | |
| Listed by Coldwell Banker Realty - Gloucester | |||
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Goose Cove Waterfront for $399,000! Sunny,open 2 BR Bungalow loaded with character + charm. Polished wood floors w/hand-painted accents, over-sized windows, deck, patio + wildflower garden make this home a special haven everyday. The breathtaking views from the house, deck + yard are ever-changing with the seasons + time of day. The private dock is ideal for small boat, canoe or kayak. Motor or paddle your way to the open ocean or up the Annisquam River to Wingaersheek Beach.
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| Aug 31, 1999 | Sold | ||
| Sold | |||
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