263 Lynn Shore Dr
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 12, 2025 | No longer available | - | |
| No longer available | |||
| Aug 1, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Jul 31, 2025 | Price Decreased |
$999,000
↓ $888
(0.1%) | |
| Price Decreased | |||
| Jul 16, 2025 | No longer available | - | |
| No longer available | |||
| Jul 16, 2025 | Listed | $999,888 | |
| Listed | |||
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Oceanfront Victorian with Water views in the heart of Lynn’s Diamond District with breathtaking views of the Atlantic & Boston skyline! This 5 bed, 3 full & 1 half bath home spans 4 levels with hardwood floors, 2 fireplaces, oversized kitchen, formal dining, and grand living spaces. The primary suite features a private balcony, fireplace, walk-in closet, and spa-like bath. Enjoy ocean breezes from two expansive wrap-around porches with composite decking. Includes a full finished basement over 1,000 sq ft with garage access, 3-zone heat, newer roof/windows, updated 200-amp panel, and fresh interior paint (2025). Detached garage + driveway parking for 7 cars. Professionally landscaped lot just steps to Kings Beach, Red Rock Park & Swampscott dining. Only ½ mile to commuter rail and minutes to ferry—coastal living 10 miles from Boston! Live on the waterfront and vacation all year round.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017