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87 Cedar 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 |
|---|---|---|---|
| Mar 25, 2011 | Sold | ||
| Sold | |||
| Jan 3, 2011 | Listed by Coldwell Banker Realty - Newburyport | $298,892 | |
| Listed by Coldwell Banker Realty - Newburyport | |||
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NEW PRICE AND UP TO $5,000 CASH BACK TO BUYER TOWARDS CLOSING COSTS! Move right into this 4BR, 2.5BA Colonial offering more than 1900 sq of living space. This home boasts hardwood throughout entry and dining room, gas fireplace in LR which opens onto large deck, SS appliances in kitchen, and large master suite w/walk in closet. Enjoy the sun filled, finished attic which offers a fourth bedroom/office and a media/play room. Fresh paint throughout means that all you have to do is just move in!
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| Jul 28, 2010 | Listed by Coldwell Banker Residential Brokerage - Newburyport | $334,900 | |
| Listed by Coldwell Banker Residential Brokerage - Newburyport | |||
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Light, bright & spacious classic center entrance Colonial built in 2001. Offering 2600 GLA, dining room w/ French doors leading to kitchen & large sunny, living room w/ deck. Master suite and 2 bedrooms on 2nd level, PLUS finished 3rd level with 4th bedroom/office and family room perfect for media center or playroom. Garage, central AC and yard. Set high on the hill overlooking natural woodlands, yet convenient to town, shopping, commuter routes, beaches, parks & area attractions.
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| May 19, 2010 | Listed | $379,900 | |
| Listed | |||
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Come enjoy all this classic colonial style home has to offer. The current owners have finished the third floor into wonderful living space of two rooms that are currently used as a fourth bedroom and family room. Also could be used as an office space. The front to back LR has a gas fireplace. DR has hardwood. There's a master bath, central AC and a two car garage under. This neighborhood has really come into its own. Enjoy the short distance to downtown Amesbury yet in a country setting
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| Mar 31, 2010 | Listed | $394,000 | |
| Listed | |||
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