16 Lakeview 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 |
|---|---|---|---|
| May 29, 2025 | Sold | ||
| Sold | |||
| Apr 23, 2025 | In contract | - | |
| In contract | |||
| Apr 14, 2025 | Listed | $899,000 | |
| Listed | |||
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Welcome to 16 Lakeview Dr, Lynnfield! This charming 3-bedroom Cape offers stunning views of Suntaug Lake. The spacious living room features a cozy fireplace, seamlessly flowing into the sunroom with sliders that open to breathtaking water views. The expansive dining room is perfect for entertaining, while the inviting family room offers comfort and relaxation. The primary bedroom boasts a full bath with a separate shower for a touch of luxury. Step outside to the beautiful bluestone patio, ideal for outdoor gatherings. The lower level includes a versatile playroom, perfect for recreation or an additional living space. Completing this exceptional home is a convenient 2-car dettached garage. Enjoy serene lake views and the perfect blend of comfort and style. Don’t miss the opportunity to make this picturesque property your new home!
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| Jan 31, 2018 | Sold | ||
| Sold | |||
| Dec 1, 2017 | Listed by Northrup Associates | $679,900 | |
| Listed by Northrup Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017