161 Lynn Shore Dr
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 3, 2012 | Sold | ||
| Sold | |||
| Dec 21, 2011 | Listed by RE/MAX Leading Edge | $455,000 | |
| Listed by RE/MAX Leading Edge | |||
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Short Sale not yet approved by lender. Excellent Location! Enjoy spectacular panoramic views from this Ocean front Colonial. Enclosed 4 Season Sun Porch. Deck. Large Deck, Buyer responsible for obtaining smoke AND water certificates. Receipt of earnest deposit of $5000 required along with proof of funds & signed short sale doc. Buyer to verify all information. Sold as is! Only prequalified Buyers at showing, Independent appraisal completed.
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| Jul 29, 2010 | Listed by Sagan Agency REALTORS® | $839,000 | |
| Listed by Sagan Agency REALTORS® | |||
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Unobstructred, panoramic ocean views from almost every room of this fabulous Diamond District gem located directly across from Red Rock Park and Beach. Recent renovations seamlessly blend the architectural details of yesterday with the convenience and beauty of today. Nothing to do but move right in to this spacious, gracious colonial and enjoy seacoast living at its' finest.
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| Jul 9, 2010 | Listed | $899,700 | |
| Listed | |||
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Location, Location, A Million Dollar view,enjoy spectacular panoramic views from this OCEAN FRONT COLONIAL in Lynn's historic Diamond District. Close to BOSTON. Close to Swampscott line. Enclosed 4 season sun porch, 800 sq. ft. deck With sweeping views of Marblehead Neck to Nahant, and seasonal views of BOSTON SKYLINE. Perfect for a large family and entertaining. 3 full levels of living area. Modern kitchen and beaths, 6 year roof, all 3 fire places in working condifition. Full basament.
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| Mar 23, 2004 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017