57 Edward Avenue
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 3, 2025 | Sold | ||
| Sold | |||
| Aug 27, 2025 | In contract | - | |
| In contract | |||
| Aug 20, 2025 | Listed by Leading Edge Real Estate | $889,000 | |
| Listed by Leading Edge Real Estate | |||
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Highly rated school system and a home in a fantastic, friendly neighborhood makes a great combination! As soon as you walk in the door you will get that feeling of "home". Not your typical cape, here you'll find a true open floor plan. The kitchen has been thoughtfully updated with the home chef in mind. It features a large island with granite counters, stainless appliances, beverage fridge & lots of counter space! Open to the living and dining rooms, no one is left out of the fun with family & friends while cooking. Both bathrooms were renovated with upscale features. A warm, comfortable home office and a bedroom complete the first floor. The fully dormered second floor offers a spacious primary bedroom with walk in closet plus two more good sized bedrooms, a full bath, laundry and a walk-in storage area. Level, fenced back yard with patio, raised gardens & plenty of space to play. Located near Lynnfield Centre and Market Street for great shopping & dining. Easy access to Rte 95.
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| May 31, 2013 | Sold | ||
| Sold | |||
| Mar 17, 2013 | Listed by Northrup Associates | $529,900 | |
| Listed by Northrup Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017