8 Ipswich Rd
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 12, 2011 | Sold | ||
| Sold | |||
| May 31, 2011 | Listed by The Martin Group, Inc. | $330,000 | |
| Listed by The Martin Group, Inc. | |||
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Happy Beginnings start here in this multi-level home in Topsfield. 3 bedrooms, 1.5 baths, 1-car garage. Newly painted interior. Updated full bath. Eat in kitchen with dining area. Woodstove in living room & HU in basement. Playroom on grade level. Basement under living room. Hardwood flooring in liv rm & bdrms. Replacement windows. New Presby Septic System installed '09. Walk to town. Being sold 'as is'. Very sunny home. Additional sq ft in playroom & basement.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017