71 Shortell 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 |
|---|---|---|---|
| Nov 26, 2019 | Sold | ||
| Sold | |||
| Oct 11, 2019 | Listed by Churchill Properties | $199,900 | |
| Listed by Churchill Properties | |||
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Contractor project house or tear down to rebuild. Located at the end of a street in a desirable residential neighborhood. Seasonal distant views of the Danvers River and year round views with tree removal. Sloped lot. Sellers will review any/all offers on Monday October 21, not before. Offers due 10/21 at noon and 24 hour Sellers response time needed. Cash offers preferred. There are no representations or warranties made or implied by the Sellers or listing agent. Buyers to do their own due diligence. Property is being sold as-is, as-seen. Shown by appointment only. Interested buyers if you working with an agent please contact your agent directly. Easy to show although appointment is necessary. Three cats are in the property that aren't to be let out!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017