9 Butterworth Rd
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 |
|---|---|---|---|
| Jul 17, 2018 | Sold | ||
| Sold | |||
| May 18, 2018 | Listed by Leading Edge Real Estate | $499,900 | |
| Listed by Leading Edge Real Estate | |||
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The convenience of North Beverly and the charm of its neighborhoods is what consistently makes this a desirable place to live. Close to MBTA train and bus service, shopping, restaurants, service businesses. A short ride to Plaza and RT 128. Ten minute ride to Lynch Park, the Library and downtown Beverly. Yet, quietly situated on level lot close to conservation area, low traffic neighborhood and comparable homes. The multiple levels of this lovely home make it perfect for family living. The large family room, complete with wet bar and fireplace, opens to a 3 season porch Kitchen is situated to view the neighborhood and all who come and go, FP livingroom and dining room are well appointed and the bedroom area is tucked away from activity of the rest of the home. North Beverly Elementary is in close proximity with no streets to cross and Middle and High School bus stops are just a down the street. This one will not last!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017