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Lynn 01904
11 Lynnmere Avenue
Photo of 11 Lynnmere Avenue
Sold on Aug 15, 2011

1

Map

$242,000
● House - Off Market

11 Lynnmere Avenue

Lynn, MA 01904
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,208 Ft²
$528,572
RealtyHop Estimate
107.36%
Since Sep 1, 2011
MA-Boston
Primary Model

About This Property

Perfectly charming ranch on tree lined street in the Fay Estates! Granite counters in kitchen leads to a wonderful dining room, living room with pellet stove,sunroom leading to the inground gunite pool and oversized deck just perfect for entertaining the neighborhood!  Basement has large finished area currently used as a family room with red bricked bar area,laundry room, full bath & workshop. Newer roof. Large attic.Driveway is on each side of the home w/a delightful stone walkway. Just lovely!
Unit Size
1,208 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$211
Property Type
House
Property Taxes
$340
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: 3 months ago (MLSPIN #71233609)

Price History

Date / Event Date Event Price
Mar 5, 2020 Sold
Premium
Sold
Jan 6, 2020 Listed by Conway - Swampscott $374,900
Listed by Conway - Swampscott
Aug 15, 2011 Sold
Premium
Sold
May 16, 2011 Listed by Conway - Swampscott $254,900
Listed by Conway - Swampscott
Sep 2, 2005 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,208
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Total Building Area: 1,208
  • Gross Building Area: 2,888
  • Building Area: 1,208
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,208
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LYNNMERE
  • Land Acres: 0000000138
  • 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:099 B:149 L:012
  • Block: 149
  • Lot: 12
  • Municipality: LYNN
  • Latitude: 42.4893
  • Longitude: -70.9418

    Address

  • Full Address: 11 Lynnmere Ave
  • Address - House Number: 11
  • Address - Street Name: Lynnmere
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lynn
  • Carrier Code: C041
  • 4-Digit Zip Code: 2025
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $543,300

    Appraisal Valuation

  • Standard Deviation: 0.1843
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 564,044
  • High Value: 668,079
  • Low Value: 460,009

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $516,000
  • Assessed Land Value: $198,900
  • Assessed Improvements Value: $317,100

    Sales

  • Current Sale Contract Date: Feb 17, 2020
  • Current Sale Recording Date: Mar 05, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200305003120
  • Previous Sale Recording Date: Aug 15, 2011
  • Previous Sale Amount: $242,000
  • 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:

$590,000

Sale Price/ft²

$373

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2464 ft²

Average Home Age

96.9 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: 3 months ago
Data Source: MLS PIN, MLS# 71233609

Frequently Asked Questions

When was property at 11 Lynnmere Avenue built and last sold?
The property at 11 Lynnmere Avenue was built in 1960 and last sold on Feb 17, 2020 for $387,500.
How much is this home worth?
The estimated value of the home located at 11 Lynnmere Avenue is $378,382.
What are some comparable homes to 11 Lynnmere Avenue?
There are currently no comparable homes to 11 Lynnmere Avenue.
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