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Lynn 01905
14 Echo Place
$230,000
● House - Off Market

14 Echo Place

Lynn, MA 01905
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,232 Ft²
$413,986
RealtyHop Estimate
80.07%
Since Jul 1, 2006
MA-Boston
Primary Model

About This Property

Contractors-carpenters. House needs new electrical, partial roof and some decking. Nice area. Good size rooms. Nice yard. Dead end street and close to Saugus line.
Unit Size
1,232 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$187
Property Type
House
Property Taxes
$188
HOA Dues
-
Year Built
1873

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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: 4 months ago (MLSPIN #70331767)

Price History

Date / Event Date Event Price
Jun 28, 2006 Sold
Premium
Sold
Feb 15, 2006 Listed by Gannon Real Estate $229,900
Listed by Gannon Real Estate
Nov 30, 2001 Sold
Premium
Sold
Sep 22, 2001 Listed by The Thomson Companies $189,900
Listed by The Thomson Companies
ON QUIET SIDE STREET NEAR SAUGUS LINE THIS COLONIAL BOASTS NEWER WINDOWS, FRESH PAINT, NEW CARPET, 20FT PORCH. ATTETION BROKERS:ONLY PRE-REGISTERED OR ACCOMPANIED BUYERS WILL BE HONORED AT OPEN HOUSE.
Apr 1, 1998 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1873
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • 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: 743
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,459
  • Total Building Area: 1,226
  • Gross Building Area: 2,560
  • Building Area: 1,226
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,226
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000079
  • 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: 205700

Zoning

  • Zoning: R2

Geography

  • Parcel: LYNN M:021 B:295 L:006
  • Block: 295
  • Lot: 6
  • Municipality: LYNN
  • Latitude: 42.4623
  • Longitude: -70.9797

    Address

  • Full Address: 14 Echo Pl
  • Address - House Number: 14
  • Address - Street Name: Echo
  • Address - Suffix Type: Pl
  • State: MA
  • City Name: Lynn
  • Carrier Code: C014
  • 4-Digit Zip Code: 1934
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $468,300

    Appraisal Valuation

  • Standard Deviation: 0.2545
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 64
  • Final Value: 497,992
  • High Value: 624,270
  • Low Value: 371,715

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $444,700
  • Assessed Land Value: $177,800
  • Assessed Improvements Value: $266,900

    Sales

  • Current Sale Recording Date: Jun 28, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 01, 1998
  • Previous Sale Amount: $91,000
  • 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

2528 ft²

Average Home Age

96.4 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: 4 months ago
Data Source: MLS PIN, MLS# 70331767

Frequently Asked Questions

When was property at 14 Echo Place built and last sold?
The property at 14 Echo Place was built in 1873 and last sold on Jan 1, 1970 for $230,000.
How much is this home worth?
The estimated value of the home located at 14 Echo Place is $244,791.
What are some comparable homes to 14 Echo Place?
There are currently no comparable homes to 14 Echo Place.
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