3 Hollis Rd
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 |
|---|---|---|---|
| Apr 15, 2022 | No longer available | - | |
| No longer available | |||
| Apr 13, 2022 | Listed by Keller Williams Realty Boston-Metro | Back Bay | $545,000 | |
| Listed by Keller Williams Realty Boston-Metro | Back Bay | |||
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Welcome to 3 Hollis Road! Located in Lynn, this well-maintained traditional colonial home is awaiting its next family! This property features 3 bedrooms, 1 full bathroom and 1 half bathroom. Beautiful hardwood floors lead you throughout the first floor welcoming you to explore the living and kitchen. The living room, boasting a beautiful brick fireplace, flows easily into the kitchen fit with granite countertops and stainless appliances steel. With a finished basement, turn this into your entertainment space or an additional bedroom. With easy access to Boston, enjoy an outdoor lifestyle with Gannon Golf Course and Sluice Pond right around the corner! The manager has listed the unit size as 1546 square feet.
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| Jul 30, 2018 | Sold | ||
| Sold | |||
| Apr 18, 2018 | Listed by Century 21 Hughes | $399,900 | |
| Listed by Century 21 Hughes | |||
| Jun 30, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017