24 Falls 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 |
|---|---|---|---|
| Jan 10, 2020 | Sold | ||
| Sold | |||
| Nov 21, 2019 | No longer available | - | |
| No longer available | |||
| Nov 21, 2019 | Listed by Century 21 North East | $389,000 | |
| Listed by Century 21 North East | |||
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This 3 bedroom 1.5 bath Colonial with inviting front porch is situated on a corner lot in one of Lynn's most desirable neighborhoods. The main level of this lovingly maintained home features a welcoming foyer, living room with fireplace, formal dining room with built in hutch, half bath, and kitchen with sliders to deck overlooking low maintenance yard. On second level you will find three bedrooms, full bath, and hallway with convenient linen closet. Gleaming hardwood flooring throughout. Corner lot is totally fenced. Some of the other amenities include central air conditioning, gas heat and cooking, 2 driveways, garage, Sunnova solar panels, newer roof, and heat and air conditioning in basement. Close to train, beach, schools, and major transportation routes. OPEN HOUSE SUNDAY DEC 1 FROM 1:00 TO 2:30
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| Oct 20, 2019 | No longer available | - | |
| No longer available | |||
| Sep 10, 2019 | Listed by Century 21 Tradition | $389,000 | |
| Listed by Century 21 Tradition | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017