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Lynn 01902
119 Lynn Shore Drive
Photo of 119 Lynn Shore Drive

1

Map

$899,900
● House - Off Market

119 Lynn Shore Drive

Lynn, MA 01902
bedrooms
6 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,252 Ft²
$5,042
Est. Monthly

About This Property

OCEANFRONT!! DIAMOND DISTRICT!! Panoramic Views from the wrap-around front porch of this Oceanfront Dutch Colonial located in the Diamond District of Lynn. Current owner has lovingly restored the property. Huge rooms with period details. Four full baths,hardwood floors thru-out,three fireplaces. Spacious oceanfront master bedroom!!! Space on third floor could be used for a home office and guest suite. Corner lot with two car garage and parking. Walk to Red Rock Park.
Unit Size
3,252 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$277
Property Type
House
Property Taxes
$623
HOA Dues
-
Year Built
1911

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71215122)

Price History

Date / Event Date Event Price
Sep 29, 2016 Sold
Premium
Sold
Mar 29, 2016 Listed by Connor Real Estate $798,541
Listed by Connor Real Estate
Apr 12, 2011 Listed by Connor Real Estate $899,900
Listed by Connor Real Estate
May 25, 2007 Sold
Premium
Sold
Dec 7, 2006 Listed by Connor Real Estate $599,900
Listed by Connor Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1911
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • 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: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,214
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,724
  • Total Building Area: 2,901
  • Gross Building Area: 5,936
  • Building Area: 2,901
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,901
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000131
  • 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:093 B:558 L:005
  • Block: 558
  • Lot: 5
  • Municipality: LYNN
  • Latitude: 42.4639
  • Longitude: -70.9267

    Address

  • Full Address: 119 Lynn Shore Dr
  • Address - House Number: 119
  • Address - Street Name: Lynn Shore
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Lynn
  • Carrier Code: C032
  • 4-Digit Zip Code: 4920
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,123,800

    Appraisal Valuation

  • Standard Deviation: 0.1728
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,125,335
  • High Value: 1,302,908
  • Low Value: 947,763

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,067,200
  • Assessed Land Value: $436,900
  • Assessed Improvements Value: $630,300

    Sales

  • Current Sale Recording Date: Sep 29, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 420
  • Previous Sale Recording Date: May 25, 2007
  • Previous Sale Amount: $430,000
  • 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

$372

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2486 ft²

Average Home Age

97.4 years

Currently For Sale

157 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# 71215122

Frequently Asked Questions

When was property at 119 Lynn Shore Drive built and last sold?
The property at 119 Lynn Shore Drive was built in 1911 and last sold on Jan 1, 1970 for $699,900.
How much is this home worth?
The estimated value of the home located at 119 Lynn Shore Drive is $787,660.
What are some comparable homes to 119 Lynn Shore Drive?
There are currently no comparable homes to 119 Lynn Shore Drive.
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