8 Clearwater Road
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 6, 2024 | Sold | ||
| Sold | |||
| Oct 23, 2024 | In contract | - | |
| In contract | |||
| Oct 1, 2024 | Listed by Century 21 North East | $588,888 | |
| Listed by Century 21 North East | |||
| | |||
|
Exciting Opportunity in West Peabody! Unlock the potential of this 3-bedroom, 1.5-bath Ranch, featuring 6 rooms ready for your personal touch. Vaulted ceilings, skylights and a fireplace welcome you into the open living room, creating a warm and inviting atmosphere. The living room flows seamlessly into the kitchen area, ideal for gatherings and entertaining. The adjacent added back room can be used for many uses. The full basement is a blank canvas, perfect for creating additional living space, in-law, a recreation room, or extra storage. Step outside to envision your summer oasis—the backyard with an inground pool is just waiting for a transformation. The oversized detached two-bay garage provides ample space for up to 2 cars and storage for tools, equipment, or hobby items. With some TLC and creativity, this property can be transformed into your custom dream home in a sought out area of a city that is known for low taxes and huge saving with electricity. Easy to show!
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017