Opportunity knocks- Location, Privacy and Value at $599,000.00
(under it's assessed value), across from million dollar homes.
Beautiful 2+ acre property abuts conservation land, close to all
commuter routes and two 2 train stations, side walk to Wenham
center restaurants, shops and parks. Pond and Ocean beaches close
by too! Enjoy nature and live 10 minutes to the Mall. This solidly
built three bedroom, two full bath Ted Benson Timber frame home
offers a comfortable open living floor plan with sunroom, mudroom,
attached 2 car garage, 1st floor laundry and finished basement.
Passive Solar, SIPS insulation, and Brand new Hot water
heater and Budrous heating system make this home super energy
efficient. Enjoy all that the highly rated Hamilton Wenham Schools
and community have to offer. This is your chance to own a truly
special property in Wenham!
Unit Size
2,210 Ft²
Days on Market
-
Land Size
2.25 acres
Price per sqft
$271
Property Type
House
Property Taxes
$833
HOA Dues
-
Year Built
-
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
ExpensesPer Year
Operating ProfitPer Year
Cap Rate
100% Occupancy
N/A (extreme outlier)
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.
Appliances: Oven, Dishwasher, Countertop Range, Refrigerator, Washer, Dryer, Electric Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
Cooling Type: Dual
Heating Type: Baseboard, Oil
Sewer : Private Sewer
Location Details
Community Features: Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
86 Cedar
By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from realtor.com and others about your inquiry and other home-related matters, but not as a condition of purchase (More...)California Privacy Notice
By submitting your information, you agree RealtyHop can share your information with its network of real estate &
mortgage professionals (or through their agents) and consent to receive marketing emails, calls, & texts related
to your inquiry (including via automatic telephone dialing system, or artificial or pre-recorded voice technology)
from Movoto or their affiliates to the email address or number you provided.
By proceeding, you agree to our Terms of Service. California Privacy Notice
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017