88 Ferry Road
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 |
|---|---|---|---|
| Jan 21, 2025 | Sold | ||
| Sold | |||
| Dec 19, 2024 | In contract | - | |
| In contract | |||
| Dec 14, 2024 | Listed by William Raveis Real Estate | $742,500 | |
| Listed by William Raveis Real Estate | |||
| | |||
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MOVE IN READY!! Nestled along Historic Ferry Road this enticing property boasts a creative floor plan, a well curated landscape & an oversized garage! Mere moments from Seacoast Beaches, the Rail Trail & Downtown Newburyport this expansive home is sure to please today's trendy families seeking versatility in their living spaces. The heart of the home welcomes w/ an open-concept living room dappled w/ natural light, gas fireplace & hardwood floors. This lovely space flows nicely to the semi-formal dining area & a well organized kitchen, where New Granite Counters & shiny appliances await! Out the kitchen door is a NEW Trex Deck which overlooks a huge back yard, a-glow w/ fauna & flora from spring to fall! The Main Level continues w/ a stunning Master En-Suite BR complete w/ 4-piece bath & walk in closet...there's also a handy office/nursery room, a 3rd BR, full family bath & a laundry room. A FINISHED LOWER LEVEL has a 4th BR-option, a super cool Family/Flex room & another full bath!
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| Nov 16, 2024 | No longer available | - | |
| No longer available | |||
| Oct 18, 2024 | Price Decreased |
$750,000
↓ $10K
(1.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017