54 Lothrop Rd
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 |
|---|---|---|---|
| Oct 30, 2015 | Sold | ||
| Sold | |||
| Aug 25, 2015 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $449,900 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
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Location equals opportunity on this wonderful west side street! Easy one level living in this lovely Ranch style home with two car garage. Just a short walk from Barrows Elementary School and under 2 miles to Lowes, Target, Market Basket, Stop and Shop, Home Depot, Downtown Reading, etc. Great open living/dining room combination. Hardwood flooring throughout the entire home and recently added custom built ins in the living room add to the character of this home. Three large bedrooms each with a double door closet. Home has central air conditioning and a newer boiler. Enjoy summer from the expansive 375 sq ft deck in your large, flat, fenced in yard! Yard includes a custom built fire pit as well as horse shoe pits for summer fun. Easy access to major routes 95 and 93, as well as the commuter rail to Boston.
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| May 4, 2012 | Sold | ||
| Sold | |||
| Mar 14, 2012 | Listed by Classified Realty Group | $369,000 | |
| Listed by Classified Realty Group | |||
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Location equals opportunity on this wonderful west side street! Easy one level living in this one owner Ranch style home with two car garage. Great open living/dining room combination. Three good size bedrooms. Recent improvements include furnace replacement and adding central air. Enjoy summer in your large back yard with screened gazebo!Easy access to major routes 95 and 93, and commuter rail to Boston.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017