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Lynn 01904
122 Maplewood Road
$500,000
● House - Off Market

122 Maplewood Road

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,591 Ft²
$588,260
RealtyHop Estimate
30.75%
Since Oct 1, 2020
MA-Boston
Primary Model

About This Property

Nothing to do except move in!  Charming 3BR/1.5B Colonial with many updates.  Eat-in kitchen with quartz countertops and updated appliances, separate dining room, and fireplaced living room.  Bathtub refinished, sinks replaced, new closet doors (all 2020).  Newer furnace (2018).  Recently painted private deck off the living room with direct backyard access. Nice flat backyard with full fencing and a storage shed.  All appliances to remain.  See Firm Remarks for appointment procedures. Appointments only Fri. Aug. 21 from 3pm-6pm, Sat. Aug. 22 from 1pm-3pm, Sun. Aug. 23 from 1pm-3pm.  Seller reserves the right to accept an offer at any time.
Unit Size
1,591 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$283
Property Type
House
Property Taxes
$429
HOA Dues
-
Year Built
1987

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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 #72712031)

Price History

Date / Event Date Event Price
Sep 30, 2020 Sold
Premium
Sold
Aug 19, 2020 Listed by Noble Realty Partners LLC $449,900
Listed by Noble Realty Partners LLC
Jun 24, 2016 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 0
  • 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: 816
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,555
  • Total Building Area: 1,632
  • Gross Building Area: 2,655
  • Building Area: 1,632
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,632
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000150
  • 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:151 L:049
  • Block: 151
  • Lot: 49
  • Municipality: LYNN
  • Latitude: 42.4888
  • Longitude: -70.9471

    Address

  • Full Address: 122 Maplewood Rd
  • Address - House Number: 122
  • Address - Street Name: Maplewood
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynn
  • Carrier Code: C055
  • 4-Digit Zip Code: 2082
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $596,000

    Appraisal Valuation

  • Standard Deviation: 0.1843
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 633,548
  • High Value: 750,402
  • Low Value: 516,693

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $566,000
  • Assessed Land Value: $202,000
  • Assessed Improvements Value: $364,000

    Sales

  • Current Sale Contract Date: Sep 25, 2020
  • Current Sale Recording Date: Sep 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 616860
  • Previous Sale Recording Date: Jun 24, 2016
  • Previous Sale Amount: $310,000
  • Previous Sale Document Type: O
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:

$596,450

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2584 ft²

Average Home Age

96.9 years

Currently For Sale

156 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: 4 months ago
Data Source: MLS PIN, MLS# 72712031

Frequently Asked Questions

When was property at 122 Maplewood Road built and last sold?
The property at 122 Maplewood Road was built in 1987 and last sold on Sep 25, 2020 for $500,000.
How much is this home worth?
The estimated value of the home located at 122 Maplewood Road is $466,899.
What are some comparable homes to 122 Maplewood Road?
There are currently no comparable homes to 122 Maplewood Road.
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