54 Ledge Road
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 |
|---|---|---|---|
| Aug 23, 2024 | Sold | ||
| Sold | |||
| Jul 18, 2024 | In contract | - | |
| In contract | |||
| Jul 9, 2024 | Listed by Coldwell Banker Realty - Lynnfield | $950,000 | |
| Listed by Coldwell Banker Realty - Lynnfield | |||
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Welcome home to this lovely Colonial with open floor plan for today's style of living! You will love preparing meals in the gourmet kitchen with cream cabinetry, granite counters accented with stunning riverstone backsplash, center island, wine fridge, peninsula with pendant lighting all open to a spacious dining room with fireplace. Family room is large and open with plenty of room for hosting family and friends. Convenient office on the first floor plus half bath. The second level offers a primary bedroom suite with walk in closet and spa like 3/4 bath with tiled shower stall, double sink vanity. Two additional bedrooms with adjoining full bath plus walk in laundry room and great loft space. Hardwood floors throughout, central air, security, 2 car detached garage, brick paver patio with fire-pit overlooking private yard. Attic and basement for storage. Enjoy all that Lynnfield has to offer with top rated schools, close to major routes and Market Street for shopping and dining!
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| Jan 27, 2022 | Sold | ||
| Sold | |||
| Nov 17, 2021 | Listed by Coldwell Banker Realty - Lynnfield | $859,900 | |
| Listed by Coldwell Banker Realty - Lynnfield | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017