16 Lenox Rd
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 |
|---|---|---|---|
| Aug 30, 2024 | Sold | ||
| Sold | |||
| Jul 25, 2024 | In contract | - | |
| In contract | |||
| Jul 18, 2024 | Listed by Real Estate 109 | $619,000 | |
| Listed by Real Estate 109 | |||
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Dutch Colonial in Gardner Park area of Peabody! This 3 bedroom 2 bath home will not disappoint. Open concept kitchen renovated (2018) with white Shaker cabinets, granite counters, farmer's sink, stainless steel appliances and a large island w/storage and seating for 4. Home office with built in bookcases & 2 exposures. Second floor has 3 bedrooms, 1 full updated bath, hardwood floors and a walk-up attic, perfect for storage or potential future expansion. Full basement partially finished with family room and full bath. Buderus boiler with indirect water heater (2018), asphalt shingle roof (2013.), newer vinyl replacement windows. Enjoy your time in the fenced-in back yard, grilling on the deck or around the fire pit area. The storage shed provides ample space for your outdoor equipment. Great location for commuting, close to the highway, commuter rail stop, restaurants.
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| Aug 10, 2018 | Sold | ||
| Sold | |||
| Jun 13, 2018 | Listed by Real Estate 109 | $399,900 | |
| Listed by Real Estate 109 | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017