78 Burley St
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 6, 2024 | Sold | ||
| Sold | |||
| Jun 26, 2024 | In contract | - | |
| In contract | |||
| Jun 18, 2024 | Listed by J. Barrett & Company | $499,999 | |
| Listed by J. Barrett & Company | |||
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ANY AND ALL OFFERS DUE MONDAY 6/24 BY 6PM...PLEASE ALLOW 24 HOURS FOR RESPONSE.This property is being sold AS IS.. Buyer/Buyers agent to do their own Due diligence. This is a fantastic chance to own property in the highly sought-after Woodvale area of Danvers. The level lot provides several possibilities for expansion, whether you want to build outwards or upwards. This home is ideal for those seeking single-floor living. It features a sizable, fenced yard accessible from the kitchen, perfect for entertaining or watching over children or pets. The property is conveniently located near local elementary, middle, and high schools, as well as a variety of private school options.
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| Jun 29, 1990 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017