56 Nells Pond 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 |
|---|---|---|---|
| Apr 19, 2024 | Sold | ||
| Sold | |||
| Feb 28, 2024 | In contract | - | |
| In contract | |||
| Feb 20, 2024 | Listed by Compass | $649,900 | |
| Listed by Compass | |||
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Welcome to 56 Nells Pond Rd! This lovely home features an Open floor plan with cathedral ceilings in the living room/dining room with wood burning fireplace with lots of natural light coming in. The kitchen features white cabinets, beautiful white quartz countertops and island.Spacious primary bedroom with full size bath and two nice size bedrooms.The lower level versatile space that can be used as a family room,home office or guest bedroom and half bath with washer/dryer. Slider off of the dining room leads to a nice size Trex composite deck and a screened porch for great outdoor entertaining. The unattached screened porch equipped with a ceiling fan and outlets. Nice size 2 car garage, 2 driveways for lots of convenient parking and storage shed.Close proximity to the Lynnfield line and access to major highways including Rt 1, 95 & 128 and Lynn Woods Reservation for hiking and biking.
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| Jun 30, 2020 | Sold | ||
| Sold | |||
| May 13, 2020 | Listed by Compass | $524,900 | |
| Listed by Compass | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017