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Lynn 01902
106 Eastern Ave
$319,000
● House - Off Market

106 Eastern Ave

Lynn, MA 01902
bedrooms
5 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,063 Ft²
$541,923
RealtyHop Estimate
66.80%
Since Aug 1, 2016
MA-Boston
Primary Model

About This Property

Classic Colonial 3 Blocks from the Beach , 8 Rooms 5 Bedrooms and 1 1/2 baths. Features include  Large Living room With Pocket Door, Window Seat and Fire Place with Pellet Stove insert. Large Eat In Kitchen  with pantry that opens to formal dining room with large built in hutch. Second level has 4 large Bedrooms and full bath, Walk up attic with 5th bedroom and room to expand either family room or for storage. Electric 2001, Siding, Windows, Blown In Insulation and Roof 2004, Heat 2007, Hot water 2010 Large Level lot with fenced in yard and parking for 3 cars
Unit Size
2,063 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$157
Property Type
House
Property Taxes
$391
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 #71974116)

Price History

Date / Event Date Event Price
Jul 15, 2016 Sold
Premium
Sold
Mar 17, 2016 Listed by Century 21 Hughes $324,900
Listed by Century 21 Hughes
Oct 24, 1997 Sold
Premium
Sold
Jul 18, 1997 Listed by Century 21 Hughes $134,900
Listed by Century 21 Hughes

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,036
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,357
  • Total Building Area: 2,047
  • Gross Building Area: 4,651
  • Building Area: 2,047
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,047
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000123
  • 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: 206600

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:103 B:538 L:012
  • Block: 538
  • Lot: 12
  • Municipality: LYNN
  • Latitude: 42.4707
  • Longitude: -70.925

    Address

  • Full Address: 106 Eastern Ave
  • Address - House Number: 106
  • Address - Street Name: Eastern
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lynn
  • Carrier Code: C028
  • 4-Digit Zip Code: 1342
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $546,300
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 566,256
  • High Value: 658,273
  • Low Value: 474,239

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $518,800
  • Assessed Land Value: $185,200
  • Assessed Improvements Value: $333,600

    Sales

  • Current Sale Recording Date: Jul 15, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 215
  • Previous Sale Recording Date: Oct 24, 1997
  • Previous Sale Amount: $123,500
  • 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

2496 ft²

Average Home Age

97.5 years

Currently For Sale

158 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: 5 months ago
Data Source: MLS PIN, MLS# 71974116

Frequently Asked Questions

When was property at 106 Eastern Avenue built and last sold?
The property at 106 Eastern Avenue was built in 1900 and last sold on Jan 1, 1970 for $319,000.
How much is this home worth?
The estimated value of the home located at 106 Eastern Avenue is $326,752.
What are some comparable homes to 106 Eastern Avenue?
There are currently no comparable homes to 106 Eastern Avenue.
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