9 Mechanic Court
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 |
|---|---|---|---|
| Oct 29, 2020 | Sold | ||
| Sold | |||
| Jul 31, 2020 | Listed by Coldwell Banker Realty - Marblehead | $699,000 | |
| Listed by Coldwell Banker Realty - Marblehead | |||
| Apr 1, 2011 | Sold | ||
| Sold | |||
| Feb 11, 2011 | Listed by William Raveis R.E. & Home Services | $499,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Lovely sun filled home in historic district with fabulous cook's kitchen, 2 Bedrooms plus Nursery or office, a fenced yard for your perennials or pups, and central air. Remember the saying LOCATION, LOCATION, LOCATION? Well, here's your chance for privacy, yet the town at your finger tips. Minutes to the water, historic sights, parks and the grocery store...Come see a true Marblehead gem!
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| Nov 30, 2010 | Listed by Coldwell Banker Realty - Marblehead | $549,000 | |
| Listed by Coldwell Banker Realty - Marblehead | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017