1
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7 Ferry Ln
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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 |
|---|---|---|---|
| Sep 28, 2023 | Sold | ||
| Sold | |||
| Apr 17, 2007 | Sold | ||
| Sold | |||
| Nov 15, 2006 | Listed by Coldwell Banker Realty - Marblehead | $1,495,000 | |
| Listed by Coldwell Banker Realty - Marblehead | |||
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LARGE harborfront 3 br HOUSE,like a condo,on historic waterfront pier. $462/sq.ft. Spacious, two levels with 2-3 car garage+2-car street parking. Overlooks busiest part of waterfront and central docks. Sweeping harbor views with outdoor deck. Much more space than any waterfront condo, no land to care for. Steps to supermarket, restaurants and shops. A unique opportunity, unlike any other house on the harbor. Vistas of S.Shore, N.Shore,Boston Harbor, islands, Neck.
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| Jun 13, 1991 | Sold | ||
| Sold | |||
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