7 Woods Lane
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 |
|---|---|---|---|
| Apr 3, 2026 | Sold | ||
| Sold | |||
| Mar 5, 2026 | In contract | - | |
| In contract | |||
| Feb 23, 2026 | Listed by Coldwell Banker Realty - Beverly | $995,000 | |
| Listed by Coldwell Banker Realty - Beverly | |||
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Preserved 1928 Arts & Crafts home, positioned on a corner lot, in a neighborhood setting just minutes from downtown Ipswich. This property offers easy access to the commuter rail, Crane and Pavilion Beaches, Appleton Farms and scenic trails. The interior maintains its original character through high ceilings, period details, hardwood floors and built-ins. A generous, updated kitchen serves as a central hub, with stainless steel appliances and gas cooking, while sitting adjacent to a sunroom entry. For those working from home, the 1st floor includes a private office with half-bath, also suitable as a den or library. Upstairs, 3 bedrooms are highlighted by a primary with vaulted ceilings and full bath. Modern comfort is integrated with mini-split A/C on both levels and most windows have been replaced. Outside, the backyard provides a relaxing retreat with a newer detached 2-bay garage. Rare find in move-in condition within an authentic North Shore community.
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| Sep 30, 2024 | Sold | ||
| Sold | |||
| Aug 21, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017