97R Mt Pleasant Ave
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 |
|---|---|---|---|
| Feb 14, 2025 | Sold | ||
| Sold | |||
| Jan 15, 2025 | In contract | - | |
| In contract | |||
| Jan 9, 2025 | Listed by Vadala Real Estate | $629,000 | |
| Listed by Vadala Real Estate | |||
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This charming and quaint colonial provides a peaceful setting in this beautiful East Gloucester neighborhood. The first floor offers a spacious living area, consisting of a bright open living room and dining room both with hardwood floors, a large eat in kitchen with substantial counter space and cabinet storage, a half bath, laundry area and a sunroom perfect for home office, den or third bedroom if needed. The second floor includes one larger bedroom, one smaller bedroom and a full bath. There is a basement for storage and the fenced in yard offers just the right amount of space for outdoor activities. This desirable location is close to Good Harbor and Niles Beaches, Bass Rocks Gold Course, the art galleries and restaurants of Rocky Neck, The Gloucester Stage Company and all the amenities of downtown Gloucester. All offers, if any, due Tuesday 1/14 by 5pm.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017