9 Ballast Ln
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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 7, 2024 | Sold | ||
| Sold | |||
| May 14, 2024 | Listed by Hancock Real Estate Co., Inc. | $2,100,000 | |
| Listed by Hancock Real Estate Co., Inc. | |||
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Come see this Hidden Oasis on Marblehead Neck! A Brilliant Cape Cod Style single family home features 3 bedrooms, 3.5 baths, office/study and 2 car garage! The Spacious living room offers fireplace, cathedral ceilings and large windows overlooking the patio and beautifully landscaped yard! This first level also features a sunroom, family room with fireplace and bay window, Island style kitchen, stainless & granite and Grand dining room is perfect for family gatherings and entertaining! Second level offers primary bedroom with skylight & en-suite bath, two additional great sized bedrooms & full bath! This fine location is walking distance to The Yacht Clubs, Marblehead Light & Devereux Beach!
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| Oct 31, 1996 | Sold | ||
| Sold | |||
| Jun 12, 1996 | Listed by Hancock Real Estate Co., Inc. | $575,000 | |
| Listed by Hancock Real Estate Co., Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017