72 Front Street #4
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%.
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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 |
|---|---|---|---|
| Dec 4, 2020 | Sold | ||
| Sold | |||
| Sep 22, 2020 | Listed by Non Member Office | $495,000 | |
| Listed by Non Member Office | |||
| | |||
|
Top floor condo facing mid harbor located in most visited area of Marblehead's historic district. Quick stroll to everything. One block from bus line.
| |||
| Oct 14, 2003 | Sold | ||
| Sold | |||
| Aug 28, 1997 | Sold | ||
| Sold | |||
| Nov 15, 1996 | Listed by Coldwell Banker Realty - Marblehead | $145,000 | |
| Listed by Coldwell Banker Realty - Marblehead | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/22/2020
|
2 Bed
|
1 Bath
|
727 ft²
|
$495,000
2 Bed
1 Bath
727 ft²
|
$515,000
+4.04%
12/04/2020
|
Derek Greene
The Greene Realty Group
| |
|
01/24/2013
|
1 Bed
|
2 Bath
|
1434 ft²
|
$349,900
1 Bed
2 Bath
1434 ft²
|
$330,000
-5.69%
07/26/2013
|
Christine Cowden
Compass
| |
|
02/27/1998
|
Studio
|
1 Bath
|
1243 ft²
|
$225,000
Studio
1 Bath
1243 ft²
|
$204,000
-9.33%
05/15/1998
|
Paul Stevens
Paul Stevens REALTORS®
| |
|
12/27/1996
|
1 Bed
|
1 Bath
|
600 ft²
|
$149,900
1 Bed
1 Bath
600 ft²
|
$132,000
-11.94%
03/24/1997
|
Jody Lalonde
Dewolfe-Swampscott
| |
|
11/15/1996
|
2 Bed
|
1 Bath
|
727 ft²
|
$145,000
2 Bed
1 Bath
727 ft²
|
$132,750
-8.45%
08/28/1997
|
Jonathan Magee
Sagan Harborside Sotheby's International Realty
| |
|
08/31/1994
|
1 Bed
|
1 Bath
|
1727 ft²
|
$159,000
1 Bed
1 Bath
1727 ft²
|
$145,000
-8.81%
09/14/1995
|
Erika Weisshuhn
Coldwell Banker Realty - Marblehead
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017