983 Main St
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 |
|---|---|---|---|
| Jun 25, 2024 | Sold | ||
| Sold | |||
| May 1, 2024 | Listed by William Raveis R.E. & Home Services | $1,200,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Situated on Norwell’s quintessential Main Street, this home offers a prime location with the perfect blend of charm and modern amenities. Boasting 4 well appointed bedrooms and 2 1/2 renovated bathrooms, this turn-key home is ready for the next owner! As you step inside, you'll be greeted by an inviting atmosphere, with custom built-ins, hardwood floors and abundant natural light streaming through the windows. The open-concept layout seamlessly connects the family room, dining and kitchen areas. The vaulted family room complete with a gas fireplace leads to a screened in sun porch overlooking the beautiful grounds, while a second living space creates an ideal location for both relaxing and entertaining. The kitchen features Quartz countertops, a spacious island and high-end appliances. Endless opportunities for work or play in the large barn equipped with a sports court, office and gym. This home truly does offer it all-a peaceful retreat with easy access to all of Norwell's amenities!
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| Dec 11, 2019 | Sold | ||
| Sold | |||
| Jul 31, 2019 | Sold | ||
| Sold | |||
| May 28, 2019 | Listed by William Raveis R.E. & Home Services | $449,900 | |
| Listed by William Raveis R.E. & Home Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017