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Lynn 01902
14 Spring Rd
$287,500
● House - Off Market

14 Spring Rd

Lynn, MA 01902
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1,980 Ft²
$603,362
RealtyHop Estimate
101.19%
Since Apr 1, 2013
MA-Boston
Primary Model

About This Property

Complete renovation brings new life to this 5  Bedroom Colonial.This home feels like new from top to bottom with stainless/granite kitchen, 4 spacious bedrooms on 2nd floor & full bath.  5th bedroom on 1st level with 2nd full bath offers convenience and creative living options.  Freshly poly'd hardwood floors, new interior / exterior  paint, windows, roof,stairs, furnace,hw heater, electrical - this list goes on and on.Covered & Screened Back Deck, firepit,all situated in serene location.
Unit Size
1,980 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$151
Property Type
House
Property Taxes
$363
HOA Dues
-
Year Built
1920

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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 #71471415)

Price History

Date / Event Date Event Price
Mar 7, 2013 Sold
Premium
Sold
Jan 11, 2013 Listed by Jonah REALTORS® $299,900
Listed by Jonah REALTORS®
Oct 11, 2012 Sold
Premium
Sold
Feb 21, 2012 Listed by Coldwell Banker Signature Homes $105,000
Listed by Coldwell Banker Signature Homes
BANK OWNED. Property is being sold subject to 24 CFR 206.125. Property sold in as-is condition.

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 960
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,652
  • Total Building Area: 1,980
  • Gross Building Area: 3,325
  • Building Area: 1,980
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,980
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000153
  • 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:107 B:405 L:058
  • Block: 405
  • Lot: 58
  • Municipality: LYNN
  • Latitude: 42.4849
  • Longitude: -70.9322

    Address

  • Full Address: 14 Spring Rd
  • Address - House Number: 14
  • Address - Street Name: Spring
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynn
  • Carrier Code: C037
  • 4-Digit Zip Code: 1140
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $632,900

    Appraisal Valuation

  • Standard Deviation: 0.1718
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 677,345
  • High Value: 801,718
  • Low Value: 552,973

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $601,000
  • Assessed Land Value: $202,000
  • Assessed Improvements Value: $399,000

    Sales

  • Current Sale Recording Date: Mar 07, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Oct 15, 2012
  • 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:

$599,000

Sale Price/ft²

$374

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2697 ft²

Average Home Age

97 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71471415

Frequently Asked Questions

When was property at 14 Spring Road built and last sold?
The property at 14 Spring Road was built in 1920 and last sold on Jan 1, 1970 for $287,500.
How much is this home worth?
The estimated value of the home located at 14 Spring Road is $302,248.
What are some comparable homes to 14 Spring Road?
There are currently no comparable homes to 14 Spring Road.
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