75 Allen Ave
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 |
|---|---|---|---|
| Aug 30, 2024 | Sold | ||
| Sold | |||
| Aug 12, 2024 | In contract | - | |
| In contract | |||
| Jul 25, 2024 | Listed by Redfin Corp. | $659,900 | |
| Listed by Redfin Corp. | |||
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Welcome to this stunning 4 bedroom, 2.5 bathroom 3 level home at 75 Allen Ave in Lynn. Beautifully renovated, this residence effortlessly combines exquisite charm with modern living. As you step inside, you'll be captivated by the grand two level ceiling and open floor plan, creating an inviting and spacious atmosphere. The dining area flows seamlessly into a sun-filled living room, perfect for entertaining. The first floor is thoughtfully designed with a large half bath and convenient laundry room. On the second floor, you'll find two generously sized bedrooms, a newly renovated full bathroom, and a walk-in closet, providing ample storage space. The third level offers two more spacious bedrooms, complete with another new full bathroom. Additional features include a new water heater & air conditioner, and plenty of off-street parking. This charming property is perfectly situated close to the MBTA, Commuter Rail, and area beaches, making it a commuter's dream. Don't miss out
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| Feb 1, 2019 | Sold | ||
| Sold | |||
| Dec 13, 2018 | Listed by Redfin Corp. | $439,000 | |
| Listed by Redfin Corp. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017