9 Nelson 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 |
|---|---|---|---|
| Dec 19, 2025 | Sold | ||
| Sold | |||
| Nov 13, 2025 | In contract | - | |
| In contract | |||
| Nov 5, 2025 | Listed by North Star RE Agents, LLC | $799,900 | |
| Listed by North Star RE Agents, LLC | |||
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Tucked away on a picturesque, tree-lined street, this beautifully updated and impeccably maintained 3-bedroom ranch is ready to welcome you home. Enjoy a brand-new kitchen, a spacious first-floor family room, and a versatile finished bonus room in the basement—perfect for a home office, gym, or playroom. Updates include a new boiler, new kitchen, 200-amp electrical service, young roof, updated siding and most windows as well as efficient mini-splits for year-round comfort. Conveniently located near highway access and the shops and restaurants at Market Street Lynnfield. Nothing to do but move in—you could be celebrating the holidays in your new home!
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| Jan 14, 2019 | Sold | ||
| Sold | |||
| Oct 1, 2018 | Listed by DCU Realty - Waltham 128 | $508,900 | |
| Listed by DCU Realty - Waltham 128 | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017