258 Main 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 |
|---|---|---|---|
| Aug 24, 2023 | Sold | ||
| Sold | |||
| Aug 7, 2023 | In contract | - | |
| In contract | |||
| May 31, 2023 | Listed by Lyv Realty | $2,199,900 | |
| Listed by Lyv Realty | |||
| | |||
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ELEGANT AND TIMELESS NEW CONSTRUCTION home in Lynnfield! LYV IN LUXURY at 258 Main Street, with a GRAND DOUBLE BRIDAL staircase & stunning Schonbek crystal chandelier. Gather around the floor-to-ceiling fireplace in the sprawling family room or enjoy the CUSTOM CHEF'S KITCHEN for cooking enthusiasts & entertainers alike, with oversized ISLAND, QUARTZ countertops and backsplash & HIGH-END appliances. Savor delicious meals with friends & family in the formal dining room, or enjoy a casual meal at the breakfast nook. Relax and unwind in the EXQUISITE suite with the WALK-IN closet of your dreams & STUNNING ENSUITE bathroom complete with a soaking tub & double shower. Two bedrooms share a jack-and-jill bathroom and the fourth bedroom has an additional ensuite. FINISHED IMMENSE basement, 3 CAR GARAGE, HUGE BACKYARD, CLOSE to major highways, MARKETPLACE, great schools and so much more!!
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| May 1, 2023 | No longer available | - | |
| No longer available | |||
| Apr 4, 2023 | Price Decreased |
$2,399,900
↓ $100K
(4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017