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Lynn 01904
1 Clarner Road
$539,000
● House - Off Market

1 Clarner Road

Lynn, MA 01904
bedrooms
1 Bed
bathrooms
1 Bath
square feet
1,082 Ft²
$3,066
Est. Monthly

About This Property

LOCATION! LOCATION! LOCATION! Charming Bungalow with picturesque park like large lot in Ward 1. Professionally landscaped with granite benches, iron rail fence, patio and decorative fish pond and fountain. Four car paver driveway with detached garage. Absolutely spectacular yard.Move in condition, newer stainless stove and refrigerator ,8+ foot ceiling height, original moulding details ,hardwood floors, sunny bright diningroom, and spacious living room with gas fireplace. Large bedroom was once two rooms that previous owner combined. Tastefully selected Benjamin Moore paint colors interior and exterior. Easy access to highways. Call today - Don't miss out on this fantastic opportunity!
Unit Size
1,082 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$498
Property Type
House
Property Taxes
$419
HOA Dues
-
Year Built
1926

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 4 months ago (MLSPIN #73191380)

Price History

Date / Event Date Event Price
Feb 21, 2024 Sold
Premium
Sold
Jan 10, 2024 In contract -
In contract
Jan 6, 2024 Listed by Carney Real Estate $539,000
Listed by Carney Real Estate
Jul 31, 2019 Sold
Premium
Sold
May 15, 2019 Listed by Carney Real Estate $379,900
Listed by Carney Real Estate
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,010
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,734
  • Total Building Area: 1,082
  • Gross Building Area: 2,156
  • Building Area: 1,082
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,082
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000292
  • 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: 205300

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:076 B:076 L:017
  • Block: 76
  • Lot: 17
  • Municipality: LYNN
  • Latitude: 42.4923
  • Longitude: -70.9687

    Address

  • Full Address: 1 Clarner Rd
  • Address - House Number: 1
  • Address - Street Name: Clarner
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynn
  • Carrier Code: C024
  • 4-Digit Zip Code: 1701
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $502,100

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 94
  • Final Value: 548,765
  • High Value: 592,824
  • Low Value: 504,705

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $476,800
  • Assessed Land Value: $227,100
  • Assessed Improvements Value: $249,700

    Sales

  • Current Sale Contract Date: Feb 20, 2024
  • Current Sale Recording Date: Feb 21, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20240221000680
  • Previous Sale Recording Date: Jul 31, 2019
  • Previous Sale Contract Date: Jul 31, 2019
  • Previous Sale Amount: $380,000
  • Previous Sale Document Type: O
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:

$596,450

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2584 ft²

Average Home Age

96.9 years

Currently For Sale

156 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73191380

Frequently Asked Questions

When was property at 1 Clarner Road built and last sold?
The property at 1 Clarner Road was built in 1926 and last sold on Feb 20, 2024 for $539,000.
How much is this home worth?
The estimated value of the home located at 1 Clarner Road is $532,704.
What are some comparable homes to 1 Clarner Road?
There are currently no comparable homes to 1 Clarner Road.
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