$582,000
●
House -
Off Market
471 Cedar Brook Rd
Lynn, MA 01904
4 Beds
2 Baths
1,512 Ft²
$3,324
Est. Monthly
About This Property
Welcome to 471 Cedar Brook Road.The current owners have provided
many updates. The kitchen, 2nd floor bath, heating system & patio
have all been updated. Enjoy all this home has to offer.
Conveniently located close to parks, playgrounds, highways, Lynn
Woods Reservation, Gannon Golf Course & the popular Shoemaker
Elementary School. The first floor offers an eat in updated kitchen
with great cabinet space, stainless appliances & granite counter
tops. It also offer a living room & 2 comfortable bedrooms with
hardwood floors & a full bath. Upstairs you will find 2 large
bedrooms & an updated 2nd full bath. The full walk out basement
offer good ceiling height, an updated heating system, 200 AMP
electrical service, washer, dryer & lots of potential. Enjoy your
comfortable yard with wooded views from your patio. This property
is ready to become your dream home. Call to schedule your showing
today!
Unit Size
1,512 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$390
Property Type
House
Property Taxes
$432
HOA Dues
-
Year Built
1940
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 months ago (MLSPIN #73315416)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 30, 2025 | Sold | ||
| Sold | |||
| Dec 19, 2024 | In contract | - | |
| In contract | |||
| Nov 24, 2024 | Listed by Newhall Real Estate | $589,000 | |
| Listed by Newhall Real Estate | |||
| | |||
|
Welcome to 471 Cedar Brook Road.The current owners have provided many updates. The kitchen, 2nd floor bath, heating system & patio have all been updated. Enjoy all this home has to offer. Conveniently located close to parks, playgrounds, highways, Lynn Woods Reservation, Gannon Golf Course & the popular Shoemaker Elementary School. The first floor offers an eat in updated kitchen with great cabinet space, stainless appliances & granite counter tops. It also offer a living room & 2 comfortable bedrooms with hardwood floors & a full bath. Upstairs you will find 2 large bedrooms & an updated 2nd full bath. The full walk out basement offer good ceiling height, an updated heating system, 200 AMP electrical service, washer, dryer & lots of potential. Enjoy your comfortable yard with wooded views from your patio. This property is ready to become your dream home. Call to schedule your showing today!
| |||
| Jun 24, 2009 | Sold | ||
| Sold | |||
| Jun 2, 2008 | Listed by J. Barrett & Company | $269,900 | |
| Listed by J. Barrett & Company | |||
| | |||
|
All natural woodwork! Beautiful hardwood floors ! Full wall & mantel are knotty pine by fireplace in living room. 4 Bedrooms, 2 full baths, eat-in kitchen, storage in eaves upstairs. Beautifully landscaped yard. Great location across from tennis courts, park & playground, near Lynnfield line.
| |||
Property Highlights
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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