241 Lowell 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 3, 2025 | Sold | ||
| Sold | |||
| Dec 11, 2024 | In contract | - | |
| In contract | |||
| Dec 4, 2024 | Listed by William Raveis R.E. & Home Services | $779,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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This charming 3 bedroom, 2 bathroom Cape-style home is located in the heart of Wakefield! 241 Lowell Street radiates timeless charm while offering a range of modern updates for today’s lifestyle. With a recently renovated first floor, two spacious second-floor bedrooms and a large fenced-in backyard, you don’t want to miss out on this move-in-ready property! Within a mile of Downtown Wakefield, Lake Quannapowitt, Route 128, and a highly sought after elementary school, the location of this home can’t be beat. Beautifully maintained and ready for its next chapter! The attached one car garage and plenty of driveway parking is an added bonus.
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| Jun 25, 1993 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017