7 Upton 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 |
|---|---|---|---|
| Aug 31, 2015 | Sold | ||
| Sold | |||
| Mar 16, 2015 | Listed by Coldwell Banker Realty - Lexington | $519,900 | |
| Listed by Coldwell Banker Realty - Lexington | |||
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TRULY ONE OF A KIND 7 UPTON AVENUE WAS Built in 1811 as part of the Upton estate, this single-family house resides on a dead end street in the heart of North Reading. The house has been restored over 35 years of occupation and boasts an outside patio, brick walks, and beautiful gardens. The spacious house includes a country kitchen and adjoining family room; a great room with vaulted ceiling, bookcases and balcony; three bedrooms and two full baths. The master bedroom also includes a walk in closet and cedar storage area. The family room has a new wood stove that can heat much of the lower part of the house. Most of the house is air-conditioned. Filled with country charm, and ambience, the house is perfect for entertaining and comfortable everyday living. Post and beam ceilings and original pine floors add to the houses authenticity. It is in walking distance of schools, soccer fields, and the beautiful Ipswich River Park.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017