81 Elliott Street
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 |
|---|---|---|---|
| Dec 5, 2025 | Sold | ||
| Sold | |||
| Nov 11, 2025 | In contract | - | |
| In contract | |||
| Nov 6, 2025 | Listed by RE/MAX 360 | $649,900 | |
| Listed by RE/MAX 360 | |||
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This home has been Renovated Top to Bottom! Featuring 3 Beds, 2 Baths, 1440 sq. ft., much of this home is BRAND NEW, including – Roof, Windows, Siding, Heating & Cooling Systems, Tankless Water Heater, 200 amp Electric Service, Kitchen, Bathrooms, HW Floors, Recessed Lighting, Gutters. Bright, Open Concept Kitchen/Living Room and Designated Dining Space. Gorgeous Kitchen w/Island, Stainless Steel Appliances, Gas Cooking, Quartz Countertops, Subway Backsplash. Beautifully constructed bathrooms. Sunroom with Vaulted Ceilings offers an additional living space. Sizable 2nd floor Bedrooms, both with Walk-in Closets. Deck overlooking Fenced-in Backyard perfect for entertaining including. 660 sq ft of basement space for storage. Danvers Municipal Electric resulting in cheaper utilities. Minutes to shopping, restaurants, schools and major highway. Nothing to do but move in before the Holidays!
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| Nov 18, 2020 | Sold | ||
| Sold | |||
| Sep 30, 2020 | Listed by Ralph Leonard Associates | $415,000 | |
| Listed by Ralph Leonard Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017