7 Palm Road
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 |
|---|---|---|---|
| Aug 29, 2024 | Sold | ||
| Sold | |||
| Aug 7, 2024 | In contract | - | |
| In contract | |||
| Jul 25, 2024 | Listed by Cameron Prestige - Amesbury | $1,200,000 | |
| Listed by Cameron Prestige - Amesbury | |||
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Welcome to your waterfront dream home on Arlington Pond a 269 acre water body! This luxurious property offers ideal lakeside living for boating, kayaking, swimming, and year-round fun. The custom kitchen flows into an open dining and living area, perfect for entertaining. The entry features custom cabinets and a window seat. The primary bedroom boasts water views, a gas fireplace, and a renovated bathroom. Enjoy indoor and outdoor gatherings on the maintenance-free deck or private beach. The multi-tiered decks include a hot tub, and the farmer's porch adds charm. Hardwood floors span all three levels, with 3 gas fireplaces and central A/C. Updates include a newer septic system, kitchen, bathrooms, and irrigation. The finished lower level features a bar, media room, and ½ bath. Easy access to I-93, Boston and Manchester!
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| Aug 31, 2018 | Sold | ||
| Sold | |||
| Jul 19, 2018 | Listed by Cameron Prestige - Amesbury | $649,900 | |
| Listed by Cameron Prestige - Amesbury | |||
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Address: 335 Madison Avenue, New York, NY 10017