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Lynn 01905
104 Farrell Road
$335,000
● House - Off Market

104 Farrell Road

Lynn, MA 01905
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,562 Ft²
$548,762
RealtyHop Estimate
66.80%
Since Aug 1, 2016
MA-Boston
Primary Model

About This Property

Spacious 6 rm. 4 bedroom 2 bath cape located near the end of a dead end in Veteran's Village in the Lincoln Thomsom School District..  This home features a good size fenced in yard and an oversized single car garage with  plenty of off street parking.  This home  boasts an eat in kitchen, and a three seaason porch. Home has a  newer furnace less than 4 years old and a brand new oil tank.  It needs your personal touch and TLC to make it  your own..  Don't miss out on this great location.    Open house: Sunday June 12,2016    12 -2
Unit Size
1,562 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$211
Property Type
House
Property Taxes
$369
HOA Dues
-
Year Built
1950

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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 #72011974)

Price History

Date / Event Date Event Price
Jul 15, 2016 Sold
Premium
Sold
May 25, 2016 Listed by Jonah REALTORS® $329,000
Listed by Jonah REALTORS®

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 1,028
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,576
  • Total Building Area: 1,563
  • Gross Building Area: 3,249
  • Building Area: 1,563
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,563
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000174
  • 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: 205700

Zoning

  • Zoning: R2

Geography

  • Parcel: LYNN M:021 B:340 L:014
  • Block: 340
  • Lot: 14
  • Municipality: LYNN
  • Latitude: 42.4644
  • Longitude: -70.9781

    Address

  • Full Address: 104 Farrell Rd
  • Address - House Number: 104
  • Address - Street Name: Farrell
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynn
  • Carrier Code: C017
  • 4-Digit Zip Code: 1751
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $570,500

    Appraisal Valuation

  • Standard Deviation: 0.1837
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 618,087
  • High Value: 731,431
  • Low Value: 504,742

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $541,800
  • Assessed Land Value: $213,700
  • Assessed Improvements Value: $328,100

    Sales

  • Current Sale Recording Date: Jul 15, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 208
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:

$599,000

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2697 ft²

Average Home Age

97 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72011974

Frequently Asked Questions

When was property at 104 Farrell Road built and last sold?
The property at 104 Farrell Road was built in 1950 and last sold on Jan 1, 1970 for $335,000.
How much is this home worth?
The estimated value of the home located at 104 Farrell Road is $347,071.
What are some comparable homes to 104 Farrell Road?
There are currently no comparable homes to 104 Farrell Road.
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