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Lynn 01902
12 Kings Beach Road
Photo of 12 Kings Beach Road
Sold on May 25, 2005

1

Map

$545,000
● House - Off Market

12 Kings Beach Road

Lynn, MA 01902
bedrooms
5 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
3,165 Ft²
$1,039,918
RealtyHop Estimate
76.56%
Since Jun 1, 2005
MA-Boston
Primary Model

About This Property

Wonderful "Diamond District" Treasure,1 block from Kings's Beach.Exquisite Architectural detail,lg rms,high ceilings, wrap around porch w french doors from fireplaced liv rm, den w/ frpl & built-ins.majestic staircase, red birch eat-in kitch,3 firepls,elegant mantels,light & bright,classic home. Flexible use of rooms.2 car garage.Second floor Den could be 6th bedrm.
Unit Size
3,165 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$186
Property Type
House
Property Taxes
$443
HOA Dues
-
Year Built
1890

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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 #70096991)

Price History

Date / Event Date Event Price
May 26, 2005 Sold
Premium
Sold
Sep 28, 2004 Listed $589,000
Listed

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,340
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,374
  • Total Building Area: 3,166
  • Gross Building Area: 5,528
  • Building Area: 3,166
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,166
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000146
  • 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:563 L:012
  • Block: 563
  • Lot: 12
  • Municipality: LYNN
  • Latitude: 42.4636
  • Longitude: -70.9285

    Address

  • Full Address: 12 Kings Beach Rd
  • Address - House Number: 12
  • Address - Street Name: Kings Beach
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynn
  • Carrier Code: C032
  • 4-Digit Zip Code: 2004
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $854,100

    Appraisal Valuation

  • Standard Deviation: 0.2028
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 72
  • Final Value: 1,072,857
  • High Value: 1,290,456
  • Low Value: 855,258

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $811,100
  • Assessed Land Value: $252,500
  • Assessed Improvements Value: $558,600

    Sales

  • Current Sale Recording Date: May 26, 2005
  • Current Sale Price:
    Premium
  • Current 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:

$594,993

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2494 ft²

Average Home Age

97.3 years

Currently For Sale

164 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# 70096991

Frequently Asked Questions

When was property at 12 Kings Beach Road built and last sold?
The property at 12 Kings Beach Road was built in 1890 and last sold on Jan 1, 1970 for $541,500.
How much is this home worth?
The estimated value of the home located at 12 Kings Beach Road is $591,491.
What are some comparable homes to 12 Kings Beach Road?
There are currently no comparable homes to 12 Kings Beach Road.
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