55 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 |
|---|---|---|---|
| May 27, 2026 | Sold | ||
| Sold | |||
| Apr 15, 2026 | In contract | - | |
| In contract | |||
| Apr 8, 2026 | Listed by Classified Realty Group | $689,000 | |
| Listed by Classified Realty Group | |||
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Welcome to 55 Lothrop Road—an incredible opportunity to own in one of Reading’s most sought-after neighborhoods! Perfectly situated with easy access to major commuter routes & the train, this home offers both convenience and a fantastic lifestyle.Inside, you’ll find a beautifully updated kitchen featuring QUARTZ COUNTERTOPS, STAINLESS STEEL appliances, and a modern, functional layout ideal for everyday living and entertaining. The home offers 3 comfortable bedrooms and a layout full of potential. An adorable 3 SEASON PORCH offers additional square footage not included in the listing space. Step outside and fall in love with the HUGE LEVEL YARD—perfect for gatherings, play, gardening, or future expansion. With plenty of room to grow, this property offers exciting possibilities to customize and expand over time. A Whether you’re looking to move right in or create your dream home, this is a rare chance to get into a prime location with space, updates, and long-term potential. Don't Wait!
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| Aug 31, 2020 | Sold | ||
| Sold | |||
| Jul 22, 2020 | Listed by William Raveis R.E. & Home Services | $529,900 | |
| Listed by William Raveis R.E. & Home Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017