49 Pendexter Street
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 20, 2024 | Sold | ||
| Sold | |||
| Nov 27, 2024 | In contract | - | |
| In contract | |||
| Nov 20, 2024 | Listed by RE/MAX 360 | $329,000 | |
| Listed by RE/MAX 360 | |||
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49 Pendexter Street, Lynn, perfectly situated on a 4,765 square foot corner lot of land across from Sluice Pond in Ward 1. Built in 1939, this 783 sq ft home, consists of 2 potential bedrooms, 1 full bathroom, eat-in kitchen & living room. Unfinished basement. Plenty of off street parking & a shed. Property is partially finished w/ some walls & areas incomplete. Gas Heating, Central Air, Updated Plumbing, Newer 200 AMP Electrical. Property is ready for next owner to develop or make current home their own. Across from Flax Pond, major transportation routes, Wyoma Square & more. Seller makes no warranty or representations. Property is being sold in, as is condition. Will not pass FHA lending. Children will not be allowed on premises to view. Only primary serious buyers please. Will only be shown at the open house times or by appt. after first showings at open house. All offers due Monday by 8pm. Please allow 48 hours for review. No offers to be considered prior to submission deadline.
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| Jul 1, 1998 | Sold | ||
| Sold | |||
| May 13, 1998 | Listed by RE/MAX 360 | $81,500 | |
| Listed by RE/MAX 360 | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017