9 Rowley Shore
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 |
|---|---|---|---|
| Aug 29, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $639,000 | |
| Listed | |||
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SEASIDE LIVING IN LANESVILLE! Enjoy the scenic and peaceful neighborhood of ROWLEY SHORE. Sprawling Colonial home has 3 bedrooms, 2 baths and offers 1st floor master, 2 living areas, fireplace, wide pine Carolina floors, 3 season porch, laundry on 2nd level, 2 car garage, full basement and more! Use the deeded path to access Ipswich Bay. Two blocks to the beach, one block to the village for coffee, wine, and goodies. Go straight out the front door for a nice stroll to walking trails, quarries, conservation land; all with beautiful views of Ipswich Bay and beyond. Dog friendly area too!The manager has listed the unit size as 2213 square feet.
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| May 24, 2017 | Listed by RE/MAX Advantage Real Estate | $639,000 | |
| Listed by RE/MAX Advantage Real Estate | |||
| May 31, 1984 | Sold | ||
| Sold | |||
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