84 Rabbit 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 |
|---|---|---|---|
| Jun 1, 2012 | Sold | ||
| Sold | |||
| Sep 21, 2010 | Listed by Coldwell Banker Realty - Newburyport | $195,000 | |
| Listed by Coldwell Banker Realty - Newburyport | |||
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Town Meeting approved zoning change to commerical and sanctioned by Atty General, June 2011. Small Home - Big Potential. Second Bedroom, quick install one wall and one door. Tied into town sewer, access fee is paid in full. Level lot, large cleared yard and lots of parking. Wood floors through-out, cozy eat-in kitchen, One car garage under with workshop space. Buyer to assume the betterment fee *, schedule available. Basement walk-out and good storage. Sold "as is.
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