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Lynn 01904
10 Shirley Road
$322,000
● House - Off Market

10 Shirley Road

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,288 Ft²
$515,335
RealtyHop Estimate
56.64%
Since Jul 1, 2017
MA-Boston
Primary Model

About This Property

Location, Location, Location  -  Great Colonial in Ward 1  -  A most desirable and wanted area of Lynn - Home is on a quiet dead end street - close to Gannon Golf Course  - Sluice Pond and Lynn Woods Reservation - public transportation and 3 major highways  -  many major updates and improvements have been done to this home  - Vinyl siding - Burnham gas heating system and second floor bathroom in the last 6 years  -  new roof and solar panels (last 1.5 yrs)  -  new retaining wall and full stone paver  back yard patio (July 2016) -  add in the  6 person Jacuzzi and it makes it a fantastic entertainment area  !!!  -  hardwood floors and generous size rooms  -  the first floor dining room can easily become the 4th bedroom. Don't miss out, come see!
Unit Size
1,288 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$255
Property Type
House
Property Taxes
$355
HOA Dues
-
Year Built
1923

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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 #72145585)

Price History

Date / Event Date Event Price
Jun 28, 2017 Sold
Premium
Sold
Apr 13, 2017 Listed by Coldwell Banker Residential Brokerage - Lynnfield $329,000
Listed by Coldwell Banker Residential Brokerage - Lynnfield
Jan 15, 2014 Sold
Premium
Sold
May 17, 2013 Listed by Coldwell Banker Residential Brokerage - Lynnfield $249,900
Listed by Coldwell Banker Residential Brokerage - Lynnfield
Sep 29, 2006 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 644
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,835
  • Total Building Area: 1,288
  • Gross Building Area: 2,298
  • Building Area: 1,288
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,288
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000065
  • 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:059 B:035 L:004
  • Block: 35
  • Lot: 4
  • Municipality: LYNN
  • Latitude: 42.4909
  • Longitude: -70.9721

    Address

  • Full Address: 10 Shirley Rd
  • Address - House Number: 10
  • Address - Street Name: Shirley
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynn
  • Carrier Code: C024
  • 4-Digit Zip Code: 1622
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $502,600
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1843
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 537,685
  • High Value: 622,615
  • Low Value: 452,755

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $477,300
  • Assessed Land Value: $177,000
  • Assessed Improvements Value: $300,300

    Sales

  • Current Sale Recording Date: Jun 28, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 519
  • Previous Sale Recording Date: Jan 15, 2014
  • Previous Sale Amount: $243,000
  • 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:

$595,000

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

59

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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72145585

Frequently Asked Questions

When was property at 10 Shirley Road built and last sold?
The property at 10 Shirley Road was built in 1923 and last sold on Jan 1, 1970 for $322,000.
How much is this home worth?
The estimated value of the home located at 10 Shirley Road is $339,338.
What are some comparable homes to 10 Shirley Road?
There are currently no comparable homes to 10 Shirley Road.
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