28 Chatham Way
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 |
|---|---|---|---|
| Jun 2, 2025 | Sold | ||
| Sold | |||
| Apr 29, 2025 | In contract | - | |
| In contract | |||
| Apr 15, 2025 | Listed | $1,279,000 | |
| Listed | |||
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Welcome to 28 Chatham Way, a beautiful multi leveled home nestled in Lynnfield’s desirable King James Grant neighborhood. Set on a generous .97-acre lot, this 4-bedroom, 2.5-bath home offers 2,668 sq ft of living space, featuring two fireplaces, an updated kitchen with a spacious outside deck—perfect for entertaining. The home includes updated bathrooms, 3 zone heating, new windows, hardwood floors throughout and a newly installed heat pump for your cooling and heating comfort. The house boasts a clean, contemporary look, with a finished basement which adds valuable space for work, play, or relaxation. Additional features include a newer roof and updated appliances, upper deck off the master bedroom and a screened in porch which overlooks the beautiful tree lined back yard. This well-maintained home combines classic charm with thoughtful improvements in one of Lynnfield’s most sought-after neighborhoods. Don’t miss this opportunity!
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| May 28, 2008 | Sold | ||
| Sold | |||
| Jan 30, 2008 | Listed | $649,900 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017