6 Nichols St
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 17, 2026 | Sold | ||
| Sold | |||
| Feb 14, 2026 | In contract | - | |
| In contract | |||
| Feb 3, 2026 | Price Decreased |
$539,999
↓ $10K
(1.8%) | |
| Price Decreased | |||
| Jan 28, 2026 | Price Decreased |
$549,999
↓ $10K
(1.8%) | |
| Price Decreased | |||
| Jan 6, 2026 | Listed by United Brokers | $559,999 | |
| Listed by United Brokers | |||
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Welcome to 6 Nichols St! Just a block from Kings Beach in the sought-after Diamond District of Lynn! This move-in ready 3 Bed, 1 Bath single-family Colonial blends coastal convenience with room to add value. Enjoy a refreshed kitchen and bathroom, newer insulation, fence, and front steps, plus an 8-year-old roof. Energy-smart solar panels and central Heat/AC keep comfort high and bills lower. The full unfinished basement offers expansion potential for a playroom, gym or flex space. Outside you'll find a generous backyard with a patio ideal for outdoor entertainment, fenced in backyard and storage shed. A two-car driveway makes life easy. Lead-free compliant for peace of mind. Close to oceanfront parks, Kings Beach and local dining, with quick access to Route 1A/129, Logan, and the commuter rail to Boston. Ideal for owner-occupants seeking a turnkey coastal home or investors eyeing a prime location with upside. Don’t miss this opportunity!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017