8 Pillow Lace Ln
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 |
|---|---|---|---|
| May 31, 2024 | Sold | ||
| Sold | |||
| May 1, 2024 | Listed by Churchill Properties | $699,000 | |
| Listed by Churchill Properties | |||
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What a beautiful setting! Don't miss out on this charming 3-bedroom, 2.5-bath home located in one of Ipswich's finest cul-de-sac neighborhoods. This house sits on a 1.68-acre lot with a beautiful front yard, surrounded by mature trees and woods, making it an ideal place to relax and unwind. The expanded deck is perfect for hosting outdoor gatherings and enjoying nature's beauty. The interior is bright and sunny, with a cozy family room featuring a fireplace for those colder months. The bedrooms are spacious and provide ample closet space. The large garage and attic offer additional storage options, plus an outdoor shed built under the deck for all your outdoor tools. Recent updates include brand new garage doors with openers, newer furnace and on-demand hot water heater and all new windows on the upper level. The location is fantastic with easy access to Topsfield, Boxford, and Rtes. 1/97/95. Come home to Ipswich today.
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| Feb 28, 2006 | Sold | ||
| Sold | |||
| Oct 18, 2005 | Listed by Churchill Properties | $429,900 | |
| Listed by Churchill Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017