159 Forest Hill Avenue
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 |
|---|---|---|---|
| Mar 7, 2025 | Sold | ||
| Sold | |||
| Feb 11, 2025 | In contract | - | |
| In contract | |||
| Feb 4, 2025 | Listed by Coldwell Banker Realty - Lynnfield | $849,900 | |
| Listed by Coldwell Banker Realty - Lynnfield | |||
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This charming Cape style home centrally located in Lynnfield is waiting for you! Nestled on a spacious corner flat lot with brand new paver patio, the property boasts hardwood flooring throughout, a cozy sunroom with built-ins, a large dining area, 3 bedrooms, 1.5 bathrooms, and a 1-car garage. The updated kitchen (2016) with quartz counters is perfect for cooking, while the pellet insert fireplace in the living room offers a warm, inviting space. The large basement has been professionally waterproofed and is ready to be finished for extra living space. Enjoy peace of mind with gas heating system (Weil-Mclain), newer windows, and a new roof (2023) and fall in love with the original charm of glass door knobs, built ins, high ceilings and beautiful wood moldings. Centrally located in town, this gem has it all—just unpack and settle in!
| |||
| Sep 19, 2003 | Sold | ||
| Sold | |||
| Jun 22, 2003 | Listed by Coldwell Banker Realty - Lynnfield | $479,900 | |
| Listed by Coldwell Banker Realty - Lynnfield | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017