71 Lewis 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 |
|---|---|---|---|
| Oct 25, 2011 | Sold | ||
| Sold | |||
| Jul 6, 2011 | Listed by RC Property Realty Group, LLC | $132,900 | |
| Listed by RC Property Realty Group, LLC | |||
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***Multiple Offer Notification!! Please submit all final, highest and best offers by 5pm tomorrow - August 11, 2011!! Please include all attached forms with the offer.*** Fannie Mae Owned!! Close by October 31 and request 3.5% of the final sales price to be used as closing costs assistance plus a $1200 Selling Agent Bonus! Ask Agent for more details. Eligibility restrictions apply. This property is HomePath Renovation Mortgage approved! Purchase for as little 3% down! Sold as-is!
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| Apr 7, 2011 | Listed by Century 21 Hughes | $139,000 | |
| Listed by Century 21 Hughes | |||
| Apr 20, 2010 | Listed by Stonehurst Real Estate Group | $139,900 | |
| Listed by Stonehurst Real Estate Group | |||
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Three bed room colonial near Swampscott line. Hardwood floors throughout, fire placed in living room, all new windows, 6 year old heating system. Short walk to the beach, close to shopping, and public transportation.
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| Sep 29, 2006 | Sold | ||
| Sold | |||
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