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Lynn 01904
120 Pine Grove Ave
$227,500
● House - Off Market

120 Pine Grove Ave

Lynn, MA 01904
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,330 Ft²
$488,420
RealtyHop Estimate
103.59%
Since Sep 1, 2012
MA-Boston
Primary Model

About This Property

Updated 6 rm, 2 bdr, 1 bath garrison colonial featuring two newer concrete driveways, front to rear deck, storage shed, fenced private yard, close to park, schools, public transportation in Ward1. This property features vinyl/brick ext. siding, aluminum covered trim, mostly insulated windows, wood flrs, ultra modern kit and bath, finished basement room and triple level front to rear deck. All this with stainless steel appliances.
Unit Size
1,330 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$180
Property Type
House
Property Taxes
$277
HOA Dues
-
Year Built
1940

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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 #71398761)

Price History

Date / Event Date Event Price
Aug 31, 2012 Sold
Premium
Sold
Jun 18, 2012 Listed by Century 21 Hughes $239,900
Listed by Century 21 Hughes
Sep 28, 2004 Sold
Premium
Sold
Jul 7, 2004 Listed by Century 21 Hughes $299,900
Listed by Century 21 Hughes

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • 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: 480
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,275
  • Total Building Area: 1,008
  • Gross Building Area: 1,616
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000098
  • 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: 205500

Zoning

  • Zoning: R2

Geography

  • Parcel: LYNN M:056 B:226 L:025
  • Block: 226
  • Lot: 25
  • Municipality: LYNN
  • Latitude: 42.4749
  • Longitude: -70.9649

    Address

  • Full Address: 120 Pine Grove Ave
  • Address - House Number: 120
  • Address - Street Name: Pine Grove
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lynn
  • Carrier Code: C020
  • 4-Digit Zip Code: 2832
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $494,000

    Appraisal Valuation

  • Standard Deviation: 0.1901
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 545,593
  • High Value: 649,412
  • Low Value: 441,774

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $469,100
  • Assessed Land Value: $185,500
  • Assessed Improvements Value: $283,600

    Sales

  • Current Sale Recording Date: Aug 31, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Sep 28, 2004
  • Previous Sale Amount: $282,000
  • 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:

$589,900

Sale Price/ft²

$372

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2463 ft²

Average Home Age

95.3 years

Currently For Sale

162 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71398761

Frequently Asked Questions

When was property at 120 Pine Grove Avenue built and last sold?
The property at 120 Pine Grove Avenue was built in 1940 and last sold on Jan 1, 1970 for $227,500.
How much is this home worth?
The estimated value of the home located at 120 Pine Grove Avenue is $257,489.
What are some comparable homes to 120 Pine Grove Avenue?
There are currently no comparable homes to 120 Pine Grove Avenue.
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