25 Lovett 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 |
|---|---|---|---|
| Dec 16, 2024 | Sold | ||
| Sold | |||
| Nov 12, 2024 | In contract | - | |
| In contract | |||
| Nov 6, 2024 | Listed by Compass | $600,000 | |
| Listed by Compass | |||
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Ideally nestled between exciting downtown Beverly and its coastal beaches and parks, 25 Lovett Street is the perfect little place to call home. Bursting with charm across its nearly 1200 square feet, this home offers ease of living alongside ample character and function. Thoughtfully updated, the large kitchen flows into the dining area and living room. The upstairs offers two generous size bedrooms and an updated bathroom.The outdoor space is full of mature plantings and beautiful landscape providing a perfect space to relax. Whether downsizing, buying your first home, or just looking for an adorable place to live, 25 Lovett provides the sought-after and hard-to-find blend of quiet neighborhood, vibrant urban living, and beach town beauty. An exceptional condo alternative and a wonderful investment, this home presents an awesome opportunity to make Beverly home.
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| Dec 5, 2017 | Sold | ||
| Sold | |||
| Oct 19, 2017 | Listed by Compass | $325,000 | |
| Listed by Compass | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017