171 Locksley 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 |
|---|---|---|---|
| Nov 20, 2024 | Sold | ||
| Sold | |||
| Oct 23, 2024 | In contract | - | |
| In contract | |||
| Oct 17, 2024 | Listed by Coldwell Banker Realty - Lynnfield | $849,000 | |
| Listed by Coldwell Banker Realty - Lynnfield | |||
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This charming home in Lynnfield sits on a spacious 0.36-acre lot and offers 1,890 sq. ft. of comfortable living space. It features three well-sized bedrooms, two full bathrooms, and three versatile bonus rooms upstairs, providing endless possibilities. The main floor includes a cozy living room, a well-appointed kitchen, and two bedrooms—one of which can easily serve as a home office. Large windows fill the home with natural light, creating a bright and airy feel throughout. Upstairs, the bonus rooms and additional living area offer ideal spaces for a home office, playroom, or guest quarters. Outside, the expansive yard provides plenty of room for relaxation and recreation, perfect for entertaining. Nestled in a sought-after neighborhood and scenic charm, proximity to Market Street’s dining and shopping, this home combines timeless Cape Cod architecture with modern flexibility, with easy access to major highways & Market Street.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017