996 Washington Street
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 17, 2024 | Sold | ||
| Sold | |||
| May 13, 2024 | Listed by Coldwell Banker Realty - Beverly | $950,000 | |
| Listed by Coldwell Banker Realty - Beverly | |||
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Live year round at your beach house? Or keep as a cherished get-away. So close to the beach you can see it! Nestled in a Plum Cove location in Lanesville. Circa 1896 colonial cottage has been updated and modernized. Beamed ceilings remain. The kitchen is open, with granite counters, stainless appliances, and a dining area. French doors bring you out to relax on the deck. Many thoughtful details, desk area that doubles as buffet space and built-in shelves, 1st floor laundry and a guest bath. Spacious living room centers around a striking granite fireplace. Mudroom comes complete with built-in storage to keep you organized. On the 2nd floor are 3 bedrooms and a full bath with a tiled shower/tub and skylight. Central air on the 2nd floor and updated heating system ensure year round comfort. Fabulous spacious composite deck with sun shade awning and a hot/cold outdoor shower. Use your imagination to customize the garage with workshop. Halibut State Park nearby. Enjoy Cape Ann!
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| May 27, 2020 | Sold | ||
| Sold | |||
| Dec 18, 2019 | Sold | ||
| Sold | |||
| Oct 10, 2019 | Listed by Coldwell Banker Realty - Beverly | $499,000 | |
| Listed by Coldwell Banker Realty - Beverly | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017