8 Catherine Dr
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 |
|---|---|---|---|
| Jun 21, 2024 | Sold | ||
| Sold | |||
| May 8, 2024 | Listed by NextHome North Shore Realty | $699,999 | |
| Listed by NextHome North Shore Realty | |||
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3 bedroom, 1.5 bath split-entry home located in a West Peabody near the Lynnfield line. Nicely perched atop an extended driveway and custom-designed walkway that overlooks the neighborhood, a peaceful setting welcomes you. You will notice that this home has been lovingly maintained and cared for as soon as you walk into the bright and sunny living room. The large eat-in kitchen & adjacent dining room will have you entertaining with ease.The ceramic tiled kitchen with upgraded cabinets leads you out to your oversized, sun drenched deck. Each of the 3 bedrooms has hardwood flooring, double closets & loads of windows allowing for plenty of natural light. The attached garage with interior access, helps complete the lower level with a bonus room, half-bath, & laundry room complete with washer and dryer to be left as gifts. This home is move-in ready, with newer roof, replacement windows, central air, & tankless hot water heater. Your finishing touches transforms this into your dream home.
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| Sep 1, 1986 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017