48 Grey Lane
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 |
|---|---|---|---|
| Sep 27, 2024 | Sold | ||
| Sold | |||
| Aug 20, 2024 | In contract | - | |
| In contract | |||
| Jul 31, 2024 | Listed by Coldwell Banker Realty - Lynnfield | $2,299,900 | |
| Listed by Coldwell Banker Realty - Lynnfield | |||
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Nestled in the King James Grant neighborhood of Lynnfield, this stunning residence is the epitome of luxury & comfort. Impeccably renovated from top to bottom, this home boasts an elegant new kitchen featuring high end appliances, custom cabinetry, & a hidden pantry that blends seamlessly into the open floor plan. The spacious design ensures an effortless flow between the kitchen, dining & living areas, making it perfect for entertaining. W/ over 4 bedrooms and 4 baths, the accommodations are nothing short of exceptional. The 1st floor office provides a quiet sanctuary for working from home, while the vaulted living room, w/ a magnificent stone fireplace, offers a cozy retreat. The finished walkout lower level adds versatility, providing additional space for a media room, gym, or guest quarters. Set on a sprawling 1-acre lot, the exterior is equally impressive. A heated inground pool & expansive grounds offer endless possibilities for outdoors activities & landscaping dreams!
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| Nov 9, 2023 | Sold | ||
| Sold | |||
| Oct 4, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017