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Lynn 01902
14 Eastern Ave
$557,000
● House - Off Market

14 Eastern Ave

Lynn, MA 01902
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,655 Ft²
$1,025,424
RealtyHop Estimate
81.49%
Since Sep 1, 2014
MA-Boston
Primary Model

About This Property

Remarkable, gracious home located in Lynn's Diamond District a stone's throw from the beach.This turn of the century home has all the luxuries of today's living with the details of a bygone era. Gorgeous, covered wrap around porch beckons you, enticing you with scents and views of the ocean and beach.Stately foyer with period detailing, formal dining room with lots of natural light, comfortable fire-placed living room that opens via 3 French doors to porch & deck, chefs kitchen with Vulcan gas stove, stainless steel appliances and mud room. English cobblestone patio has lush gardens with professional plantings and fountain.
Unit Size
2,655 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$213
Property Type
House
Property Taxes
$559
HOA Dues
-
Year Built
1908

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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 #71684375)

Price History

Date / Event Date Event Price
Aug 29, 2014 Sold
Premium
Sold
May 20, 2014 Listed by Sagan Agency REALTORS® $565,000
Listed by Sagan Agency REALTORS®
Aug 10, 2007 Sold
Premium
Sold
May 7, 2007 Listed by Sagan Agency REALTORS® $529,000
Listed by Sagan Agency REALTORS®
May 17, 1996 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1908
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 23
  • 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: 1,000
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,535
  • Total Building Area: 2,438
  • Gross Building Area: 4,652
  • Building Area: 2,438
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,438
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000104
  • 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:102 B:551 L:008
  • Block: 551
  • Lot: 8
  • Municipality: LYNN
  • Latitude: 42.4678
  • Longitude: -70.923

    Address

  • Full Address: 14 Eastern Ave
  • Address - House Number: 14
  • Address - Street Name: Eastern
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lynn
  • Carrier Code: C028
  • 4-Digit Zip Code: 1318
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $965,700

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 877,590
  • High Value: 1,029,214
  • Low Value: 725,965

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $917,100
  • Assessed Land Value: $357,800
  • Assessed Improvements Value: $559,300

    Sales

  • Current Sale Recording Date: Aug 29, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 82900770
  • Previous Sale Recording Date: Aug 10, 2007
  • Previous Sale Amount: $524,000
  • 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:

$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# 71684375

Frequently Asked Questions

When was property at 14 Eastern Avenue built and last sold?
The property at 14 Eastern Avenue was built in 1908 and last sold on Jan 1, 1970 for $557,000.
How much is this home worth?
The estimated value of the home located at 14 Eastern Avenue is $589,044.
What are some comparable homes to 14 Eastern Avenue?
There are currently no comparable homes to 14 Eastern Avenue.
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