11 Blakeley 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%.
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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 24, 2024 | Sold | ||
| Sold | |||
| Sep 5, 2024 | In contract | - | |
| In contract | |||
| Aug 26, 2024 | Listed by Redfin Corp. | $650,000 | |
| Listed by Redfin Corp. | |||
| | |||
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Welcome to 11 Blakeley Street, a charming and spacious colonial located on Lynn's desirable west side - 2 miles from the Saugus line ~ with loads of improvements. New roof - April/2024. In 2022, the Seller installed a new bathroom, new pool filter and hot water tank. In 2021, the Seller installed a new 1/2 bath, new kitchen floor and fence. Step into the enclosed porch and fal lin love with this 3 bedrooms, 1.5 bathrooms with hardwood floors throughout the 2nd floor. The eat-in kitchen leads to the expansive dining room that rolls right into the living.. The inviting inground pool. 2 car garage. Great commuter location with public transportation nearby. This home is a perfect blend of classic charm and modern convenience!
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| Nov 18, 2011 | Sold | ||
| Sold | |||
| Feb 2, 2011 | Listed by Redfin Corp. | $209,900 | |
| Listed by Redfin Corp. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017