8 Blair Terrace
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 |
|---|---|---|---|
| Oct 3, 2012 | Sold | ||
| Sold | |||
| Jun 7, 2012 | Listed by Coldwell Banker Residential Brokerage - Beverly | $299,999 | |
| Listed by Coldwell Banker Residential Brokerage - Beverly | |||
| Sep 10, 2010 | Listed by Keller Williams Realty Evolution | $339,000 | |
| Listed by Keller Williams Realty Evolution | |||
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Lovely 3 bedroom ranch in a quiet South Peabody neighborhood. Walking distance to the South Elementary School and Raddin Park. Easy access to major highways. Features include open concept cathedral ceilings, newer kitchen and finished lower level familyroom. Fenced in yard with level lot, patio and shed. 45 year architectural roof shingles. Pella windows and doors.
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| Jul 14, 2003 | Sold | ||
| Sold | |||
| May 13, 2003 | Listed by Del Realty, Inc. | $234,000 | |
| Listed by Del Realty, Inc. | |||
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5 RM RANCH, LEVEL LOT, SO PEAB, NEWER BURNER, FENCED YARD, HANDYMAN'S SPECIAL. SOLD "AS IS"
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