8 Pickett 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%.
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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 7, 2024 | Sold | ||
| Sold | |||
| May 8, 2024 | Listed by William Raveis R.E. & Home Services | $949,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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In the heart of Marblehead's renowned Historic District, yet off the beaten path, sits this wonderfully cared for and curated home. One may expect beautiful hardwood floors, high ceilings and sun-filled rooms and this house has that and so much more. The incredible mahogany deck has a custom built-in Lynx grill and unthought of open space views, in a part of town which is typically shoulder-to-shoulder. There is also a brick paved driveway and quaint but very thoughtful backyard with irrigation and a fountain. Inside, the professional grade Viking package completes the custom oak cabinetry with stained glass fronts. The same theme carries through to the dining room, complete with a warming drawer and butlers pantry. Central air conditioning, hardwired generator back-up power and 4 generous bedrooms do not even complete the list for the custom improvements in this great Historic District gem!
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| Oct 5, 1998 | Sold | ||
| Sold | |||
| Jul 29, 1998 | Listed by William Raveis R.E. & Home Services | $299,000 | |
| Listed by William Raveis R.E. & Home Services | |||
| Oct 2, 1996 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017