86 Corning 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 |
|---|---|---|---|
| Jun 22, 2015 | Sold | ||
| Sold | |||
| May 6, 2015 | Listed by The Higgins Group REALTORS® | $347,000 | |
| Listed by The Higgins Group REALTORS® | |||
| May 17, 2013 | Sold | ||
| Sold | |||
| Jul 11, 2011 | Listed by Barrett Sotheby's International Realty | $265,000 | |
| Listed by Barrett Sotheby's International Realty | |||
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BEAUTIFUL CAPE on level corner lot in the Cove. Ready to move in to and enjoy all the amenities of Beverly. Look at all these updates...New Furnace & New Roof '04, Kitchen Remodelled/Appliances & All New Triple Pane Windows '05, Basement Electric & All Lighting Fixtures upgrade '06, New H20 Heater '09, Trek Decking '10. Wood Floors. Fireplace with added Heat Blower. Unfinished 1/2 bath in Basement. White Vinyl Fenced Back Yard for Pets. Stream Easement on property. Walk to Parks and Beaches.
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| May 27, 2005 | Sold | ||
| Sold | |||
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