7A Veterans Memorial Driv
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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, 2009 | Sold | ||
| Sold | |||
| Aug 3, 2006 | Sold | ||
| Sold | |||
| Jun 12, 2006 | Listed by Carlson GMAC Real Estate | $319,000 | |
| Listed by Carlson GMAC Real Estate | |||
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Spacious, 4+ bedroom Cape near new Brown School offers many updates including storm doors, storm windows, roof, heating system & electric. Enjoy summer living from multi-level deck, above-ground pool and fenced yard, all with access to beautifully renovated eat-in kitchen. Lower level features large family room, and convenient laundry room.
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| Aug 29, 2002 | Sold | ||
| Sold | |||
| Jul 9, 2002 | Listed by Coldwell Banker Realty - Beverly | $289,900 | |
| Listed by Coldwell Banker Realty - Beverly | |||
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WELL MAINTAINED CAPE IN CONVENIENT LOCATION. 5 YR YOUNG KITCHEN THAT OPENS UP TO FAMILY ROOM. DECK OFF FAMILY ROOM. NEW HEATING SYSTEM IN MARCH. HARDWOOD FLOORS. POSSIBLE TO FINISH BASEMENT .
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