71 Walker 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 |
|---|---|---|---|
| Sep 28, 2017 | Sold | ||
| Sold | |||
| Jul 28, 2017 | Listed by Coldwell Banker Residential Brokerage - Marblehead | $549,900 | |
| Listed by Coldwell Banker Residential Brokerage - Marblehead | |||
| Nov 30, 2011 | Sold | ||
| Sold | |||
| Jun 11, 2011 | Listed by Coldwell Banker Residential Brokerage - Marblehead | $429,900 | |
| Listed by Coldwell Banker Residential Brokerage - Marblehead | |||
| Aug 30, 2010 | Listed by Arlene Realty | $475,000 | |
| Listed by Arlene Realty | |||
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House situated on knoll of large corner lot providing scenic views of the Historic Olmsted district. New Energy efficient thermopane windows, hardwood floors, all new wiring and lighting and new oil tank, separate electric hot water; 3,000 sq.ft of living space, front and side porch, plus a full basement for storage. 5 bedrooms, kitchen plus pantry, FP diningroom, FP livingroom, entry way, den, 1 Bath. Close to beach, schools and commuter rail to Boston.
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