175 Lothrop St
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 |
|---|---|---|---|
| Jan 20, 2026 | Sold | ||
| Sold | |||
| Dec 9, 2025 | In contract | - | |
| In contract | |||
| Dec 1, 2025 | Listed by Coldwell Banker Realty - Beverly | $849,999 | |
| Listed by Coldwell Banker Realty - Beverly | |||
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Beverly Cove 3 bed, 2 bath colonial, walkable to beaches, downtown and train. Meticulously maintained and updated home in highly desirable location. Newly renovated kitchen complete with soft close cabinets, quartz countertops, island, SS appliances, farmers sink and under cabinet lighting. Sun light drenched dining room with french doors and large living room with hardwood throughout. 3 well sized bedrooms with closets and ceiling fans and two full, tiled baths. Full walk out basement with W/D hook up and ample storage space. High efficiency gas heating system, blown in insulation and vinyl windows. Newer roof and freshly painted interior/exterior. Composite front porch, 2 side by side off street parking spots and tons of curb appeal. Fenced in yard with stone patio for enjoying the ocean air. Separate storage space ideal for kayak, bike or yard equipment. Move in ready home with unbelievable proximity to ocean and all Beverly has to offer on freshly paved Lothrop st.
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| Jun 8, 2021 | Sold | ||
| Sold | |||
| Mar 8, 2021 | Listed by By The Sea Sotheby's International Realty | $639,000 | |
| Listed by By The Sea Sotheby's International Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017