LOT 2 North Street
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 |
|---|---|---|---|
| Mar 1, 2010 | Sold | ||
| Sold | |||
| Apr 30, 2009 | Listed by Coldwell Banker Realty - Lynnfield | $550,000 | |
| Listed by Coldwell Banker Realty - Lynnfield | |||
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PLEASE VIEW LOT #3 FOR MODEL. House front will be different, not hip roof just gable. Basement is unfinished with glass sliders as walk out. Vaulted ceiling in the family room with a gas fireplace. Birch kitchen with granite counters and hardwood floors. Easy access to Rte 128 & Rte 93, 17 minutes to Boston. Crown molding and wainscotting in the dining room. 1st floor half bath features large closet. Economical gas heat and air conditioning. Early as Feb. 2010 occupancy.
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| Sep 19, 2000 | Sold | ||
| Sold | |||
| Jul 27, 2000 | Sold | ||
| Sold | |||
| Apr 27, 2000 | Listed | $399,900 | |
| Listed | |||
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