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Lynn 01904
10 Spring View Dr
$265,000
● House - Off Market

10 Spring View Dr

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,541 Ft²
$484,009
RealtyHop Estimate
76.00%
Since Feb 1, 2016
MA-Boston
Primary Model

About This Property

MOTIVATED SELLER!! Large 3 bedroom cape located on a quiet side street in the Fay Estates. Kitchen opens into a large Dining Room with surrounding windows and sliders leading to a lovely landscaped yard.  Living Room with hardwoods and fireplace. First floor family with hardwood floors and sliders opening out to a deck and level yard. First floor bedroom boast hardwood floors and large closet. Second floor features 2 spacious bedrooms with walk in closets  and 3/4 bath.  1 car attached garage and security system.
Unit Size
1,541 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$178
Property Type
House
Property Taxes
$336
HOA Dues
-
Year Built
1960

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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 #71899831)

Price History

Date / Event Date Event Price
Jan 15, 2016 Sold
Premium
Sold
Sep 8, 2015 Listed by Coldwell Banker Residential Brokerage - Lynnfield $275,000
Listed by Coldwell Banker Residential Brokerage - Lynnfield

Property Highlights

Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 480
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,142
  • Total Building Area: 1,733
  • Gross Building Area: 2,675
  • Building Area: 1,733
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,733
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000187
  • 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: 205100

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:100 B:140 L:013
  • Block: 140
  • Lot: 13
  • Municipality: LYNN
  • Latitude: 42.4914
  • Longitude: -70.9472

    Address

  • Full Address: 10 Spring View Dr
  • Address - House Number: 10
  • Address - Street Name: Spring View
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Lynn
  • Carrier Code: C041
  • 4-Digit Zip Code: 2032
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $618,000
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.165
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 644,702
  • High Value: 759,859
  • Low Value: 529,545

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $586,900
  • Assessed Land Value: $200,200
  • Assessed Improvements Value: $386,700

    Sales

  • Current Sale Recording Date: Jan 15, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 487
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

$374

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2536 ft²

Average Home Age

96.5 years

Currently For Sale

163 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# 71899831

Frequently Asked Questions

When was property at 10 Spring View Drive built and last sold?
The property at 10 Spring View Drive was built in 1960 and last sold on Jan 1, 1970 for $265,000.
How much is this home worth?
The estimated value of the home located at 10 Spring View Drive is $293,755.
What are some comparable homes to 10 Spring View Drive?
There are currently no comparable homes to 10 Spring View Drive.
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