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Lynn 01904
15 Bow Ridge
$432,500
● House - Off Market

15 Bow Ridge

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,600 Ft²
$685,557
RealtyHop Estimate
55.84%
Since Oct 1, 2017
MA-Boston
Primary Model

About This Property

Spacious twenty years young colonial a great cul-de-sac street in one of the most desirable neighborhoods. This house offers beautiful new kitchen with stone counter tops and top of the line appliances. Spacious living room with marble fireplace and access to large deck with amazing view of large fenced-in green back yard. Formal dining room with a door to a second deck. Gleaming hardwood floors. Nice Master bedroom has a good size closet and recently updated master bathroom with multi head shower. Good size two additional bedrooms and guest bathroom in excellent condition. Special features include : two car garage, finished room in the basement, vinyl siding, newer windows. Close proximity to Highway.
Unit Size
1,600 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$275
Property Type
House
Property Taxes
$477
HOA Dues
-
Year Built
1995

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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 #72109350)

Price History

Date / Event Date Event Price
Dec 10, 2020 Sold
Premium
Sold
Oct 22, 2020 Listed by RE/MAX Advantage Real Estate $540,000
Listed by RE/MAX Advantage Real Estate
Sep 29, 2017 Sold
Premium
Sold
Jan 17, 2017 Listed by RE/MAX Advantage Real Estate $439,900
Listed by RE/MAX Advantage Real Estate
Apr 30, 2004 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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: 288
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,934
  • Total Building Area: 1,600
  • Gross Building Area: 2,640
  • Building Area: 1,600
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,600
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000251
  • 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: 205400

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:048 B:002 L:096
  • Block: 2
  • Lot: 96
  • Municipality: LYNN
  • Latitude: 42.5066
  • Longitude: -70.9904

    Address

  • Full Address: 15 Bow Ridge Rd
  • Address - House Number: 15
  • Address - Street Name: Bow Ridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lynn
  • Carrier Code: C044
  • 4-Digit Zip Code: 1063
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $688,600

    Appraisal Valuation

  • Standard Deviation: 0.2142
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 714,220
  • High Value: 838,093
  • Low Value: 590,346

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $653,900
  • Assessed Land Value: $188,200
  • Assessed Improvements Value: $465,700

    Sales

  • Current Sale Contract Date: Dec 10, 2020
  • Current Sale Recording Date: Dec 10, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20201210003910
  • Previous Sale Recording Date: Sep 29, 2017
  • Previous Sale Amount: $432,500
  • 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:

$590,000

Sale Price/ft²

$373

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2464 ft²

Average Home Age

96.9 years

Currently For Sale

163 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: 5 months ago
Data Source: MLS PIN, MLS# 72109350

Frequently Asked Questions

When was property at 15 Bow Ridge Road built and last sold?
The property at 15 Bow Ridge Road was built in 1995 and last sold on Dec 10, 2020 for $540,000.
How much is this home worth?
The estimated value of the home located at 15 Bow Ridge Road is $545,854.
What are some comparable homes to 15 Bow Ridge Road?
There are currently no comparable homes to 15 Bow Ridge Road.
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