1037 Main 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 |
|---|---|---|---|
| Oct 1, 2004 | Sold | ||
| Sold | |||
| Jun 24, 2004 | Listed by Thread Real Estate, LLC | $379,000 | |
| Listed by Thread Real Estate, LLC | |||
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Newly renovated Colonial Must See Inside - not a drive by. Tasteful paint palette with contemporary colors, 3 bedrooms, living room, dining room with built in china closet, new kitchen with maple cabinets and pantry, new bathroom with tile floor, first floor laundry, wood and new tile floors, 3 season sun porch, full basement, 2 car garage, level landscaped yard, Move in condition. Plus more! Minutes to Town Center, 93 & 95, walk to schools and parks.
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| Jul 24, 2002 | Sold | ||
| Sold | |||
| May 9, 2002 | Listed by Coldwell Banker Realty - Lynnfield | $325,000 | |
| Listed by Coldwell Banker Realty - Lynnfield | |||
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MOST CHARMING, TOTALLY RENOVATED NE COL ON GREAT LOT WITH SOLID 2 CAR GARAGE. LOVELY STAIRCASE & FOYER, FANTASTIC NEW KIT WITH PANTRY, NEW TILED BA, 1ST FL LAUNDRY, MEW WINDOWS, ELECTRICAL, PLUMBING, HEATING AND MORE. BLT-IN CHINA IN DR.
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