31 Thomas 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 |
|---|---|---|---|
| Dec 12, 2024 | Sold | ||
| Sold | |||
| Oct 2, 2024 | In contract | - | |
| In contract | |||
| Sep 26, 2024 | Listed by Schruender Realty | $729,900 | |
| Listed by Schruender Realty | |||
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Welcome to Lynnfield. This beautifully maintained ranch on a corner lot is waiting for you! Enjoy single floor living or get creative and expand. The sparkling hardwood floors throughout are stunning. Cathedral ceilings add elegance to the living room along with the large bay window which makes for a bright and sunny room. The french doors in the dining room lead to the screened in porch that offers great 3 season enjoyment. The partially finished basement is a perfect spot to have a secondary TV room, play space, or gym. Access to Lynnfield Marketplace and major highways is less than 5 minutes while still being in a mature and quiet neighborhood. Come take a look for yourself at this spectacular property! Come visit! Open Houses, Friday 9/27, 4:30-6:00, Saturday, 9/28, 11:00-12:30, Sunday, 9/29, 10:00-11:00
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017