12 Lothrop 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 |
|---|---|---|---|
| Dec 9, 2025 | Sold | ||
| Sold | |||
| Nov 5, 2025 | In contract | - | |
| In contract | |||
| Oct 29, 2025 | Price Decreased |
$589,000
↓ $51K
(8%) | |
| Price Decreased | |||
| Oct 9, 2025 | Price Decreased |
$639,900
↓ $80K
(11.1%) | |
| Price Decreased | |||
| Sep 25, 2025 | Listed by eXp Realty | $720,000 | |
| Listed by eXp Realty | |||
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Don’t miss this rare Saugus gem with 16,200 SqFt lot — full of potential and endless possibilities! This property features a fully renovated kitchen and two laundry areas, with all updates completed with permits. Enjoy peace of mind with brand-new electrical and plumbing systems.The large side yard offers plenty of space to expand the home or possibly build an additional unit (buyers to do due diligence). Oversized 2-car garage. Located just minutes from the historic Saugus Iron Works, police and fire departments, gas station, Dunkin’, pizza and ice cream shops, and local restaurants — this property is close to everything! Perfect for investors or families seeking a flexible, multi-use home with strong appreciation potential. Prime Location – High Demand Area. No street parking permit required.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017