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Lynn 01902
104 Western Ave
$340,000
● House - Off Market

104 Western Ave

Lynn, MA 01902
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,225 Ft²
$418,204
RealtyHop Estimate
49.36%
Since Jan 1, 2019
MA-Boston
Primary Model

About This Property

Conveniently located near Salem line.  Charming 3 bdrm, 1.5 bath Colonial with many updates is move-in ready!  Open floor plan Living and Dining rooms with hardwood floors. Kitchen updated with stainless appliances and granite countertops.  Cozy sunroom overlooks level back yard with garden area.  Paved driveway with room for 2 cars off-street parking. Half-bath off kitchen has laundry hook-ups.  Upstairs has 3 bedrooms with hardwood floors, a full bath and large linen closet.  Updated electrical, newer heating system, cooling system and hot water heater.  Come see all this home has to offer!
Unit Size
1,225 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$229
Property Type
House
Property Taxes
$289
HOA Dues
-
Year Built
1900

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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: 5 months ago (MLSPIN #72412233)

Price History

Date / Event Date Event Price
Dec 10, 2018 Sold
Premium
Sold
Dec 2, 2018 No longer available -
No longer available
Oct 17, 2018 Listed by Keller Williams Realty $280,000
Listed by Keller Williams Realty
Jun 2, 2018 Listed by Keller Williams Realty $280,000
Listed by Keller Williams Realty
Jul 5, 2007 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • 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: 736
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,444
  • Total Building Area: 1,225
  • Gross Building Area: 2,139
  • Building Area: 1,225
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,225
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000079
  • 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:086 B:438 L:002
  • Block: 438
  • Lot: 2
  • Municipality: LYNN
  • Latitude: 42.4814
  • Longitude: -70.9447

    Address

  • Full Address: 104 Western Ave
  • Address - House Number: 104
  • Address - Street Name: Western
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lynn
  • Carrier Code: C025
  • 4-Digit Zip Code: 2737
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $524,600

    Appraisal Valuation

  • Standard Deviation: 0.1843
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 519,347
  • High Value: 615,138
  • Low Value: 423,557

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $498,200
  • Assessed Land Value: $165,200
  • Assessed Improvements Value: $333,000

    Sales

  • Current Sale Contract Date: Nov 27, 2018
  • Current Sale Recording Date: Dec 10, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20181210002300
  • Previous Sale Recording Date: Jul 05, 2007
  • Previous Sale Amount: $224,500
  • 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:

$594,986

Sale Price/ft²

$372

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2481 ft²

Average Home Age

97.7 years

Currently For Sale

161 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72412233

Frequently Asked Questions

When was property at 104 Western Avenue built and last sold?
The property at 104 Western Avenue was built in 1900 and last sold on Nov 27, 2018 for $340,000.
How much is this home worth?
The estimated value of the home located at 104 Western Avenue is $298,203.
What are some comparable homes to 104 Western Avenue?
There are currently no comparable homes to 104 Western Avenue.
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