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Lynn 01902
1 Chestnut Avene
$105,500
● House - Off Market

1 Chestnut Avene

Lynn, MA 01902
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,678 Ft²
$260,607
RealtyHop Estimate
108.49%
Since Apr 1, 2010
MA-Boston
Primary Model

About This Property

HUGE 10 RM-5 BEDRM COLONIAL-OLD WORLD CHARM!  PRIVATE FENCED YARD-ALL NEW REPLACEMENT WINDOWS,  NEWLY PAINTED EXTERIOR.  ROOF ONLY TWO YEARS OLD.  INSIDE NEEDS COMPLETE RENOVATION.  WORTH $210 FIXED OVER. CASH BUYERS ONLY.
Unit Size
2,678 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$47
Property Type
House
Property Taxes
$220
HOA Dues
-
Year Built
1908

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 4 months ago (MLSPIN #71024291)

Price History

Date / Event Date Event Price
Mar 8, 2010 Sold
Premium
Sold
Jan 27, 2010 Listed by Don Baker Real Estate $125,000
Listed by Don Baker Real Estate
Jan 15, 2010 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1908
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,254
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,551
  • Total Building Area: 2,322
  • Gross Building Area: 4,344
  • Building Area: 2,322
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,322
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000104
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lynn School District
  • School Tax School District: LYNN SD
  • Census Tract: 206300

Zoning

  • Zoning: R4

Geography

  • Parcel: LYNN M:083 B:711 L:030
  • Block: 711
  • Lot: 30
  • Municipality: LYNN
  • Latitude: 42.4719
  • Longitude: -70.94

    Address

  • Full Address: 1 Chestnut Ave
  • Address - House Number: 1
  • Address - Street Name: Chestnut
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lynn
  • Carrier Code: C051
  • 4-Digit Zip Code: 2834
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $561,700

    Appraisal Valuation

  • Standard Deviation: 0.1909
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 562,458
  • High Value: 669,827
  • Low Value: 455,090

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $533,400
  • Assessed Land Value: $180,100
  • Assessed Improvements Value: $353,300

    Sales

  • Current Sale Recording Date: Mar 08, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 15, 2010
  • Previous Sale Amount: $70,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Lynn

Stats & Trends

Median Asking:

$597,900

Sale Price/ft²

$373

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2523 ft²

Average Home Age

97.4 years

Currently For Sale

165 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71024291

Frequently Asked Questions

When was property at 1 Chestnut Avenue built and last sold?
The property at 1 Chestnut Avenue was built in 1908 and last sold on Jan 1, 1970 for $105,500.
How much is this home worth?
The estimated value of the home located at 1 Chestnut Avenue is $124,803.
What are some comparable homes to 1 Chestnut Avenue?
There are currently no comparable homes to 1 Chestnut Avenue.
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