10 Heritage Lane
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 |
|---|---|---|---|
| May 30, 2024 | Sold | ||
| Sold | |||
| May 1, 2024 | Listed by Luxe Realty of Massachusetts | $1,229,000 | |
| Listed by Luxe Realty of Massachusetts | |||
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Located in one of Lynnfield's most desirable neighborhoods, this home has it all. Numerous renovations and updates abound in this stunning 4 bedroom plus loft home. Completely renovated open concept custom kitchen with white cabinets, granite countertops, large kitchen island, and all stainless steel appliances. Tasteful home addition includes a lower level media room and an oversized family room with vaulted ceilings and access to the deck with views of the large private backyard. The loft is accessible from the family room making a perfect home office with access to the finished attic storage. The lower level boasts a large media/family room which could also double as a potential in-law suite with private access in and out of the house. New roof installed in 2018. New septic pump and distribution center in 2024. High-end Lochinvar heating system, security system, and central air make this home one not to miss! Offers due Tuesday May 7th by 5pm.
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| May 31, 2017 | Sold | ||
| Sold | |||
| Apr 14, 2017 | Listed by Luxe Realty of Massachusetts | $739,900 | |
| Listed by Luxe Realty of Massachusetts | |||
| Dec 21, 1987 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017