39 Abington Rd #39
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%.
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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 21, 2024 | Sold | ||
| Sold | |||
| May 29, 2024 | Listed by Coldwell Banker Realty - Lynnfield | $450,000 | |
| Listed by Coldwell Banker Realty - Lynnfield | |||
| Nov 30, 2021 | Sold | ||
| Sold | |||
| Aug 23, 2021 | Listed by Coldwell Banker Realty - Lynnfield | $389,900 | |
| Listed by Coldwell Banker Realty - Lynnfield | |||
| | |||
|
Beautifully updated 2 bedroom, 2 bath condominium with a garage and additional storage located at River Run. This sunny unit is nestled in a peaceful location within the complex, yet convenient to everything. Newly installed lighting, hardware, vanities, toilets, and decking! New interior paint throughout. In unit laundry with newer washer and dryer that will remain. Features include an open floor plan with hardwood floors, quartz counters, and stainless appliances. Charming screened porch off the living room/dining area that overlooks lush greenery. Separate Master Suite with 2 spacious closets. Attached garage with 2 storage rooms! Professionally managed complex with swimming pool and clubhouse. Easy access to shopping, restaurants, the Danvers rail trail. Nothing to do but move in!
| |||
| Aug 11, 2020 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/29/2024
|
2 Bed
|
2 Bath
|
1099 ft²
|
$450,000
2 Bed
2 Bath
1099 ft²
|
$510,000
+13.33%
06/21/2024
|
Evelyn Rockas
Coldwell Banker Realty - Lynnfield
| |
|
08/23/2021
|
2 Bed
|
2 Bath
|
1099 ft²
|
$389,900
2 Bed
2 Bath
1099 ft²
|
$408,000
+4.64%
11/30/2021
|
Deborah Terlik
Keller Williams Realty
| |
|
07/07/2020
|
2 Bed
|
2 Bath
|
1099 ft²
|
$359,000
2 Bed
2 Bath
1099 ft²
|
$340,000
-5.29%
08/11/2020
|
Deborah Terlik
Keller Williams Realty
| |
|
11/13/1997
|
2 Bed
|
2 Bath
|
1100 ft²
|
$169,900
2 Bed
2 Bath
1100 ft²
|
$166,500
-2.00%
12/12/1997
|
Sara Fishbane
Sara Fishbane Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017