9 Paulette
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 |
|---|---|---|---|
| Dec 27, 2019 | Sold | ||
| Sold | |||
| Nov 14, 2019 | Listed by J. Barrett & Company | $609,000 | |
| Listed by J. Barrett & Company | |||
| Mar 19, 2014 | Sold | ||
| Sold | |||
| Jan 25, 2014 | Listed by J. Barrett & Company | $425,000 | |
| Listed by J. Barrett & Company | |||
| Jul 22, 2010 | Listed by The Martin Group, Inc. | $405,000 | |
| Listed by The Martin Group, Inc. | |||
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This well maintained, turn-key home is located in one of Danvers' finer neighborhoods in the St. John's Prep area. Very convenient to major north/south commuting routes. Many custom features throughout. Access to oversized rear deck(34'X12') from dining area and Den. Not to be missed!! Buyer Pre-approval/proof of funds required with offer.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017