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Lynn 01904
11 Ellsworth Terrace
$340,000
● House - Off Market

11 Ellsworth Terrace

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,344 Ft²
$489,219
RealtyHop Estimate
48.29%
Since Jun 1, 2018
MA-Boston
Primary Model

About This Property

This Wyoma Square Ward One Home Awaits! Beautiful Hardwood Floors throughout most of your home. Enjoy a good size living room with fireplace!  Have dinners in your dinning room with cute built ins. The basement is partially finished with a bonus room for you to use for additional living space. The basement also has more room to potentially expand. The backyard is FENCED IN and gives you an opportunity to take advantage of being outside and enjoying outdoor space.
Unit Size
1,344 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$245
Property Type
House
Property Taxes
$323
HOA Dues
-
Year Built
1930

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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 #72298825)

Price History

Date / Event Date Event Price
Aug 27, 2021 Sold
Premium
Sold
May 11, 2021 Listed by Keller Williams Realty Evolution $420,000
Listed by Keller Williams Realty Evolution
May 2, 2018 Sold
Premium
Sold
Mar 27, 2018 Listed by Keller Williams Realty Evolution $329,900
Listed by Keller Williams Realty Evolution
Mar 28, 2006 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 696
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,023
  • Total Building Area: 1,344
  • Gross Building Area: 2,499
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000069
  • 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: 205200

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:073 B:191 L:026
  • Block: 191
  • Lot: 26
  • Municipality: LYNN
  • Latitude: 42.484
  • Longitude: -70.9598

    Address

  • Full Address: 11 Ellsworth Ter
  • Address - House Number: 11
  • Address - Street Name: Ellsworth
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Lynn
  • Carrier Code: C030
  • 4-Digit Zip Code: 2508
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $482,900

    Appraisal Valuation

  • Standard Deviation: 0.1843
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 547,859
  • High Value: 648,909
  • Low Value: 446,810

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $458,600
  • Assessed Land Value: $182,900
  • Assessed Improvements Value: $275,700

    Sales

  • Current Sale Contract Date: Aug 27, 2021
  • Current Sale Recording Date: Aug 27, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210827004570
  • Previous Sale Recording Date: May 02, 2018
  • Previous Sale Amount: $340,000
  • 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:

$597,900

Sale Price/ft²

$372

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2417 ft²

Average Home Age

95.9 years

Currently For Sale

159 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: 5 months ago
Data Source: MLS PIN, MLS# 72298825

Frequently Asked Questions

When was property at 11 Ellsworth Terrace built and last sold?
The property at 11 Ellsworth Terrace was built in 1930 and last sold on Aug 27, 2021 for $450,000.
How much is this home worth?
The estimated value of the home located at 11 Ellsworth Terrace is $424,504.
What are some comparable homes to 11 Ellsworth Terrace?
There are currently no comparable homes to 11 Ellsworth Terrace.
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