22 Lookout 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 |
|---|---|---|---|
| Jun 26, 2025 | Sold | ||
| Sold | |||
| May 4, 2025 | In contract | - | |
| In contract | |||
| Apr 23, 2025 | Listed | $588,000 | |
| Listed | |||
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Enjoy everything Gloucester has to offer—close to your front door. Located less than a mile from downtown, the Boulevard, Pavilion Beach, Stage Fort Park, playgrounds, and the MBTA station, this charming three-bedroom, 1.5-bath home puts the best of the city within easy reach. Whether you're commuting or catching the train for an adventure, the station is less than half a mile away. Step out back and you’ll be drawn to the inviting patio, perched with treetop views of the Annisquam River and harbor. Imagine the space alive with patio furniture, blooming flower pots, and homegrown tomatoes basking in the sun. The home features easy-care siding and updated windows, while preserving its original moldings inside and out—adding a sense of authentic character rarely found today. Inside, the refurbished kitchen boasts updated cabinetry, blending classic charm with modern convenience.
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| Feb 27, 2014 | Sold | ||
| Sold | |||
| Dec 30, 2013 | Listed by Vadala Real Estate | $252,000 | |
| Listed by Vadala Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017