8 North St
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 21, 2024 | Sold | ||
| Sold | |||
| Aug 12, 2024 | In contract | - | |
| In contract | |||
| Jul 26, 2024 | Listed by Today Real Estate, Inc. | $351,800 | |
| Listed by Today Real Estate, Inc. | |||
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Great opportunity to build some equity. One acre lot offering privacy. 2 bedroom house with a walk out basement, hardwood floors. Just 20 minutes to Crane Beach and short distance to Bradley Palmer State Park & Rail Trail. Masconomet Regional School District. This downtown side of Topsfield location is just a 1/2 mile to Rt 1, 4 miles to Rt 95, 6 miles to the Ipswich MBTA Commuter Rail Station, 25 miles to Boston. Surrounded by conservation trails as well.
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| Feb 3, 2017 | Sold | ||
| Sold | |||
| Dec 17, 2008 | Sold | ||
| Sold | |||
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