15 Mary Ellen Drive
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 |
|---|---|---|---|
| Jul 18, 2024 | Sold | ||
| Sold | |||
| May 29, 2024 | Listed by RE/MAX 360 | $950,000 | |
| Listed by RE/MAX 360 | |||
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15 Mary Ellen Drive Lynn! Stunning Custom Home w/ 2nd Full Living Space ABOVE GRADE. This spacious home sits on 11,717 sqft lot, nestled on a quiet cul-de-sac, off upper Lynnfield Street, is a One Of A Kind Property that is not done justice by the exterior. 2,799 sq ft Split Entry w/ an easy flow for comfortable living & entertaining. Living, dining & kitchen open seamlessly allowing the chef to put the finishing touches on dinner while interacting w/ guests. Custom gourmet kitchen, gas cooking, 3 bd rms, 2 full custom bth rms. Cathedral ceilings w/ fireplace, wet bar & slider to your TimberTech deck, private backyard w/ pool & more. Spacious primary suite w/ cathedral, large closet space, Corian shower surround w/ separate 20" deep “Ultra Air” tub. More space awaits on the lower level w/ its own private entrance; 2nd unit w/ kitchen, living-space, full bathroom w/ shower & bedroom; slider to yard, own driveway & more. 2nd living rm. laundry, garage, gas fireplace. Not to be missed.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017