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Lynn 01902
111 Victory Rd
Photo of 111 Victory Rd
Sold on Nov 16, 2007

1

Map

$340,000
● House - Off Market

111 Victory Rd

Lynn, MA 01902
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,106 Ft²
$669,168
RealtyHop Estimate
94.53%
Since Dec 1, 2007
MA-Boston
Primary Model

About This Property

October is the last month on market! Honestly picture perfect 3 bdrm/2 bth home nestled on a private wooded lot across from Floating Bridge Pond. Lush landscaping abounds this impressive home, which is the result of a 5 year restoration. Enjoy features which include: working fireplace, renovation of kitchen/bthrms, hdwd flrs, recessed lights, finished bsmnt, very cool exercise rm, w/d, 3 car drvwy, shed, sprinkler system, gorgeous backyard, great neighborhood, friendly neighbors & more.
Unit Size
2,106 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$163
Property Type
House
Property Taxes
$249
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: 4 months ago (MLSPIN #70596730)

Price History

Date / Event Date Event Price
Nov 16, 2007 Sold
Premium
Sold
Jun 12, 2007 Listed $344,000
Listed
Jul 28, 1998 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 702
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,497
  • Total Building Area: 1,404
  • Gross Building Area: 2,649
  • Building Area: 1,404
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,404
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • 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:098 B:398 L:052
  • Block: 398
  • Lot: 52
  • Municipality: LYNN
  • Latitude: 42.4861
  • Longitude: -70.939

    Address

  • Full Address: 111 Victory Rd
  • Address - House Number: 111
  • Address - Street Name: Victory
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynn
  • Carrier Code: C037
  • 4-Digit Zip Code: 1057
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $616,500

    Appraisal Valuation

  • Standard Deviation: 0.1533
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 81
  • Final Value: 655,121
  • High Value: 755,567
  • Low Value: 554,676

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $585,500
  • Assessed Land Value: $219,100
  • Assessed Improvements Value: $366,400

    Sales

  • Current Sale Recording Date: Nov 16, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 28, 1998
  • Previous Sale Amount: $173,900
  • 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:

$597,900

Sale Price/ft²

$373

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2523 ft²

Average Home Age

97.4 years

Currently For Sale

165 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: 4 months ago
Data Source: MLS PIN, MLS# 70596730

Frequently Asked Questions

When was property at 111 Victory Road built and last sold?
The property at 111 Victory Road was built in 1900 and last sold on Jan 1, 1970 for $340,000.
How much is this home worth?
The estimated value of the home located at 111 Victory Road is $371,629.
What are some comparable homes to 111 Victory Road?
There are currently no comparable homes to 111 Victory Road.
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